![07.01.22 [Přehled trhu a ETH] Fall to $ 3,000? Why is it threatening?](https://kryptomagazin.cz/wp-content/uploads/2021/04/Bitcoin_Ethereum.jpg "07.01.22 [Přehled trhu a ETH] Fall to $ 3,000? Why is it threatening?")
Is Ethereum (ETH) ready for a massive exponential shift in its price upwards or to $ 3,000? Read the following analysis.
The global crypto market capitalization is $ 2.08 trillion, down 3.11% from the last day. The total volume of the cryptocurrency market in the last 24 hours is 131 billion USD, which represents a growth of 50.17%. The total volume in DeFi is currently $ 23 billion, which is 17.6% of the total 24-hour volume of the crypt market.
The price of Bitcoin is currently 41,790 USD according to KMC.
Bitcoin dominance is currently 39.51%, a decrease of 0.03% during the day.
The best growth from the top 100 capitalization yesterday was recorded by:
The biggest drop yesterday from the top 100 capitalization was recorded by:
All data is provided from the web coinmarketcap.com
ETH / USD Technical analysis
We are currently operating at $ 3,450. In previous predictions, we assumed that if the bottom of the bullish channel is broken, the trend may change. Indeed, after failing to maintain the underside of the bullish canal, Ethereum dropped significantly into the bearish canal we established.
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Looking at the current market situation, a continuation of bearish sentiment can be expected, which could mean gradual declines in Ethereum towards hard support at $ 3,000 apiece within the bearish long-term channel.
ATTENTION: No data in the article is an investment board. Before you invest, do your own research and analysis, you always trade at your own risk. The kryptomagazin.cz team strongly recommends individual risk considerations!
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