Ethereum price analysis: ETH fails to retrace, consolidates around $1,050

Ethereum price analysis is bearish today as we have seen failure to retrace further return below the $1,050 support. Therefore, ETH/USD is likely to continue even lower and break past the $1,000 support over the next days. Once that is done, we expect ETH/USD to target the $900 next major support. The market has traded...