Ethereum (ETH) Risks Falling Below $1,700 Amid Persistent Downtrend

Ethereum (ETH) is facing a sharp correction, dropping 11% over the past week as bearish momentum continues to dominate. The Relative Strength Index (RSI) remains weak, showing a lack of strong buying pressure, while the Directional Movement Index (DMI) confirms that sellers are still in control. Additionally, the Exponential Moving Averages (EMA) are in a firmly bearish structure, suggesting... source: https://beincrypto.com/ethereum-risks-further-decline-as-bears-take-control/