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Ethereum Bearish Signals Worsen as Genesis Whale Offloads $14.5M ETH

The article discusses the bearish signals for Ethereum and the potential for a pullback in its bullish trend. The recent failure of the Adam and Eve pattern and the presence of bearish technical indicators suggest a breakdown of the consolidation range. Ethereum's price currently sits at $3,431, reflecting a 1.79% pullback in the last 24 hours. Additionally, a large Ethereum ICO whale has offloaded a significant amount of ETH tokens, indicating a potential sell-off. Support levels at $3,392 and $3,244 are likely to be tested, but if the broader market recovers, Ethereum could challenge the $3,500 level again.

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