CryptoWorld News reports, citing Cointelegraph, that Ethereum (ETH) formed a clear triple-top pattern after failing to break through $2,400. On Monday, the price fell 3.4% to $2,287. Since April 14, ETH has encountered resistance at $2,400 four times; the current price remains below the 100-day moving average, and there is liquidation risk of more than $2.5 billion near the $2,150 support zone. Analyst Michaël van de Poppe pointed out that ETH’s weakness relative to Bitcoin has also cast doubt on a short-term upward trend.

ETH-0.5%
BTC-0.27%
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