After reaching the support level of $2870-$3030 , #ETH๐ฅ๐ฅ๐ฅ๐ฅ price grew by more than 30% and was able to easily exit the bullish flag.
The price started to decrease yesterday following the news of the approval of #Ether ETFs like #Bitcoin ETFs. the price that followed BTC approval,price dropped around 17%, probably in this case it could be more.
if price of ethereum breaks below yesterday's daily candle low, a move down to $2650 should be anticipated. the market would likely consolidate until mid-June.
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