Guys, $ETH has been underperforming since the start of the week, losing 17% of its value over the last seven days.
The drop comes amid a massive liquidation in the crypto market overall.
Ethereum has lost the $1,700 level, and the bears are now targeting the psychological level of $1,500 in the short term.
However, the weekly candlestick chart is extremely bearish, with a liquidity magnet around the $1,380 zone. #ETH