Key takeaways:
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Ether treasury companies are sitting on millions of dollars of unrealized losses, raising concerns about their sustainability.
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Ether treasury companies trading below NAVs signal eroding confidence, potentially pressuring ETH price further.
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An ETH price fractal hints at $2,500 as the 200-week moving average becomes the last line of defense.
Ether (ETH) fell 30% over the past 30 days, dropping below $3,000 to a four-month low of $2,806 on Thursday. Technical indicators and…
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