As the bulls triggered an early December revival, the bears were quick to negate them by instigating a sizeable sell-off over the past day.
Consequently, altcoins like Ethereum, MATIC and Terra’s LUNA registered double-digit losses on their daily charts. After touching their multi-week milestones this month, most cryptos breached their long-term support levels.TradingView, ETH/USDTAfter a brief late November upturn, ETH touched its two-week high on 1 December.
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