Ethereum May Target Short-Term Gains Despite Bearish UPbit Hack

Ethereum has been closely tracking Bitcoin’s price action over the past several days and weeks, which has led ETH to incur overwhelmingly bearish price action. However, BTC’s bullish response to an overnight dip has similarly allowed ETH to begin forming some potentially bullish technical formations.
This tempered bullishness comes about concurrently with recent news regarding cryptocurrency exchange UPbit being hacked for 342,000 ETH, which appears to have not fazed the crypto&rsquo