Ethereum Ready for Freefall? 30% Correction After $490 Peak | Crypto Briefing

Key Takeaways

  • Ether dropped 36.8% from its peak on Sept. 1 to a recent low of $309
  • On-chain metrics suggest that the bull run that began in March seems to be coming to an end
  • While sellers are waiting to short the bounce, buyers’ expectations rely on the expansion of the DeFi space on Ethereum

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