A crypto analyst has warned that Ethereum may see further decline if its support level breaks down. The analyst also outlined a potential path forward for Bitcoin.
According to the analyst, if Ethereum’s support level crumbles, it could lead to more losses for the cryptocurrency. This warning comes as Ethereum has been facing pressure in the market.
On the other hand, the analyst provided a positive outlook for Bitcoin. They suggested that Bitcoin could see a potential path forward amidst the current market conditions.
Overall, the analyst’s insights shed light on the potential future movements of both Ethereum and Bitcoin in the cryptocurrency market. Investors should closely monitor these developments to make informed decisions.