ETH Struggles To Break Past $1,300 Resistance – Back To $1K?

ETH, post-merge, has taken traders and investors on a thrilling adventure. The value of Ethereum has decreased by a stunning 26.36 percent since the much-hyped Merge.
The token’s recovery from June to August was fully erased by this decrease and the market catastrophe on September 13.
Fears of a further decline for the token are palpable as the price struggles to break through the 61.80 Fib level, currently at $1,329, following the U.S. Federal Reserve’s interest rate hike