Here’s Why Ethereum Breaking Below $225 Could End “Altseason”

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Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history If it breaks below this, the trader believes that it will put a firm end to the ongoing “altseason” Ethereum and the aggregated cryptocurrency market are currently reeling lower alongside Bitcoin. The benchmark cryptocurrency is trading just above its crucial near-term support at $9,000. Its ongoing decline comes shortly after yesterday’s Twitter hack in which prominent accounts shilled a BTC scam. BTC’s decline has sent shockwaves throughout the market, also leading Ethereum to reel lower…

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