Ethereum Needs to Break Past This Level to Kill Macro Downtrend

Ethereum Needs to Break Past This Level to Kill Macro Downtrend

For months and months, Ethereum (ETH) has been in the trenches of a bear trend. Even in 2019, when global markets saw near-record gains and Bitcoin gained 90% in 12 months, the second-largest cryptocurrency by market capitalization posted a loss, managing to underperform effectively everything.