After reaching $65,000 yesterday, Bitcoin has fall
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After reaching $65,000 yesterday, Bitcoin has fallen back to around $62,000 today, while Ethereum has also dropped below $1,700.
While there is a risk of further decline for $ETH, popular cryptocurrency analyst Ali Martinez suggests Ethereum could experience further losses.
Martinez noted that Ethereum is trading below its 200-hour simple moving average (SMA) on X, arguing that it could experience further declines if it fails to recover from current levels. He set the next major target for $ETH at $1,580.
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