Analyst Fears a Drop as Ethereum Deposits Spike to Multi-Week Highs

Like Bitcoin, Ethereum (ETH) has flatlined over recent weeks in an extremely tight range. For the leading altcoin, this range has been approximately $230-245. Bears may soon gain the upper hand as the on-chain and technical analysis case for Ethereum has purportedly flipped bearish. This comes at a pivotal time for Bitcoin, which is expected to see a macro breakout in the coming week or two. Related Reading: BTC Just Confirmed a Signal That Preceded Historical 5,000% Rallies Ethereum...