06/28/21 [Market overview + ETH] Fall to $ 1,000 in the summer? Why is it threatening?

What values ​​could ETH reach this year and where will it stop significantly? Will it be at $ 1,000?

The global cryptocurrency market capitalization is $ 1.30 trillion, an increase of 2.59% over the last day.
The total volume of the crypto market in the last 24 hours is 67.96 billion USD, which means a decrease of 20.53%. The total volume in DeFi is currently $ 4.78 billion, which is 7.03% of the total 24-hour volume of the cryptocurrency market. The volume of all stable coins is now $ 53.65 billion.

The dominance of bitcoins is currently 47.23%, an increase of 0.62% per day.

The best growth from the top 100 capitalization yesterday was recorded by:

The biggest drop yesterday from the top 100 capitalization was recorded by:

Technical analysis: ETH

We are currently working at $ 1820. In previous predictions, we assumed that if the underside of the bullish channel is broken, the trend may change. Indeed, after failing to maintain the underside of the bullish canal, ETH dropped significantly into the bearish canal we established.

On Sunday, we see a fall on the support line bearish channel, where in the next 2 weeks it may rebound towards the nearest resistance to 2100 USD and then continue to 2600 USD.

Looking at the current market situation, a continuation of bearish sentiment can be expected, which could mean gradual declines in ETH towards hard support at $ 1,000 per piece within the bearish long-term channel.

ATTENTION: No data in the article is an investment board. Cryptheory team strongly recommends individual risk considerations.