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Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next? -Breaking

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Ethereum preparing a ‘bear trap’ ahead of the Merge — ETH price to $4K next?

Ether, Ethereum’s native coin (ETHContinued to Face Downside Risks in A higher interest rate environment. One analyst thinks that the next move in token sales could be a bear trap, as long as the market factors are favorable. Possible release of the MergeThis August.

Ether could be worth $4,000 in 2022, As perTo a technical arrangement shared by Wolf (an independent market analyst).

A three-day price graph with ascending triangles. Source: Wolf/TradingView