- Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today.
- Today’s move once again saw bitcoin fail to break out of its short term ceiling at $20,230.
- Looking at the chart, it appears that another resistance point has been in place during this period.
Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences

