Yesterday was a very interesting day for all cryptocurrency markets. Bitcoin and altcoins gained a lot of value in quick succession. As is always the case, maintaining this form of momentum will be pretty challenging. For the Ethereum price, maintaining the $ 500 value level is very challenging, as there is a genuine battle going on between bulls and bears.
Ethereum Price Struggles for Stability
Short-term changes in the cryptocurrency world always pose a new set of problems. Albeit all cryptocurrency markets enjoy a positive spell right now, it seems highly unlikely that trend can be sustained for very long No strong gain will go unpunished, especially in this particular industry. For Ethereum price speculators, the bearish pressure is already intensifying as of right now.