Ethereum price holds above $3K but network data suggests bulls may get trapped (Cointelegraph)

Originally published at: https://www.channel-sea.cc/ethereum-price-holds-above-3k-but-network-data-suggests-bulls-may-get-trapped-cointelegraph/

ETH price just broke from a long-term descending channel, but on-chain data still points to a few bearish catalysts.