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Ether (ETH) has fallen by 30% over the past seven days, sliding to $1,900 from $2,800. The drop was accompanied by a sharp decline in futures activity, with Ether’s open interest falling by more than $15 billion over the same period.
Analysts are now focusing on the long-term technical zones and onchain indicators that may signal a major turning point for ETH price.
Key takeaways:
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Ether has dropped 30% in seven days, slipping below the $2,000 psychological level.
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Yesterday’s ETH price crash now brings…
