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Ethereum Technical Analysis 03-12-21

Since Ehthereum changes its risk, the correction likely to continue. On the other hand, miners are unhappy about the change of protocol Ehthereum proposed.

Ethereum **increases** its correlation with Stock indicates that it becomes a ****neutral position**** 👁️ The price may **fluctuate more** in the coming day with price toward **mid-level**. ****Most Bullish News 📈**** Ethereum edges higher https://decrypt.co/61093/ethereum-just-edged-closer-to-proof-of-stake-via-beacon-chain It indicates that Ethereum may continue raising with expansion of users ****Most Bearish News 📉**** Ethereum miners continue rumbilings https://cointelegraph.com/news/eth2-transition-accelerates-amid-rumblings-of-a-miner-rebellion It indicates that Ethereum may face correction with high gas fees. Resources https://www.marketbeat.com/cryptocurrencies/ethereum/ https://decrypt.co/61093/ethereum-just-edged-closer-to-proof-of-stake-via-beacon-chain https://cointelegraph.com/news/eth2-transition-accelerates-amid-rumblings-of-a-miner-rebellion

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