Are ETH bulls in trouble? By Cointelegraph

Ethereum tumbles 7% right after new all-time highs: Are ETH bulls in trouble?

The price of Ether (ETH), the native cryptocurrency of , fell sharply as (BTC) corrected overnight on Jan. 20.

Bitcoin price slid to as low as $34,000 on Binance, recording a 10% drop since yesterday’s peak.

Bitcoin price chart with key levels. Source: TradingView.com, TraderXO

What happens next?

1-day candle chart (Binance). Source: Tradingview