Crypto Analyst on Ethereum Downtrend: New Lows and Capitulation Are Coming

Ethereum kicked off 2020 with an explosive rally following the rapid growth and expansion of the decentralized finance sector, which nearly doubled the value of the asset in just a couple of month’s time.
But a failure to set a higher high and a fall to new lows puts Ethereum back into a downtrend that one analyst says is going to lead to even deeper new lows and possible final capitulation before the altcoin rises once again.
ETH/USD Downtrend Continues, Capitulation and New Lows Coming
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