
Ethereum price outlook as it charts a bearish crossover while exchange reserves fall to 2016 lows
Ethereum price fell 13% over the past week, charting a bearish crossover that hints at more downside ahead. At the same time, exchange reserves have fallen to 10-year lows. Summary Ethereum price has fallen nearly 46% from its yearly high. Bearish chart structures, including a descending channel and a multi-year head and shoulders pattern, continue to cap upside. According to data from crypto.news, Ethereum ($ETH) price fell nearly 46% to around $1,800 on Feb. 6 from its highest point this year. This came as the broader crypto market lost over a trillion in value, with multiple macroeconomic and geopolitical concerns…








