Ethereum plummets further today and the post “merge surge” decline extends. Deeper fall is expected as long as 1474.00 minor resistance holds. Next near term target is 100% projection of 2028.90 to 1418.47 from 1787.45 at 1177.02. Firm break there could bring downside acceleration through 878.5 to 161.8% projection at 799.77.
Bitcoin’s development is even worse. Deeper decline is expected as long as 20167 resistance holds, for 17575 low. Break there will target 100% projection of 25198 to 18518 from 22764 at 16084.
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