#ETH news

Ethereum is the big dog crypto outside of Bitcoin. $ETH has fallen as much as 48% in this ongoing downtrend. However, the price recently wicked down to very strong horizontal support at $2,300. If there is a bounce to come from Bitcoin, then the number two cryptocurrency by market capitalization could also be expected to bounce from here. If things did become really problematic, from an economic perspective, the $ETH price could even fall down to the major support at $1,900. This is however the bull market support level for $ETH, and this would certainly need to hold.