Ethereum Risks Slide To $2,000 If December Closes Below This Level: Analyst

A cryptocurrency analyst has explained where Ethereum could go next based on a long-term Parallel Channel forming in its monthly price chart.
Ethereum Has Been Trading Inside A Parallel Channel For The Last Few Years
In a new post on X, analyst Ali Martinez has talked about a long-term pattern that Ethereum has appeared to have been following for the last few years. The pattern in question is a “Parallel Channel” from technical analysis (TA), which forms whenever an asset’s pri