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Ethereum Price Retest Likely Before Drop If Tariffs Hold
From a technical standpoint, everything seems to indicate a retest that won't reach a new high, followed by at least testing the current low, which is more likely to hold less firmly (I'm referring to Ethereum). I haven't looked into Bitcoin in detail. However, if the tariffs are canceled or reduced again, then this scenario would be invalidated.
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AI Analysis
This analysis focuses on Ethereum's recent technical movements, which indicate a probable retest of the previous lows rather than an immediate rally to new highs. The assumption is that Ethereum is ex...
AI Recommendation
Given this outlook, it would be prudent to approach Ethereum with caution, preparing for a retest of lows, which could be an entry point if breakouts fail. Traders should closely monitor any developme...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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