![Ethereum [ETH] investors must know this before opening a long position](https://insights.cryptobasemarket.com/wp-content/uploads/2022/08/untitled-design-53-187208.png)
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. After a brief month-long uptrend until mid-August, Ethereum [ETH] bears were back in the game post the rising wedge breakdown.
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BTC/USD$ 89,437.96 0.48%
ETH/USD$ 3,031.41 4.01%
USDT/USD$ 1.00 0.10%
SOL/USD$ 209.91 2.86%
BNB/USD$ 612.39 3.70%
DOGE/USD$ 0.359577 9.82%
XRP/USD$ 0.8772 20.08%
USDC/USD$ 1.00 0.00%
STETH/USD$ 3,031.74 4.03%
ADA/USD$ 0.66418 19.16%
TRX/USD$ 0.186296 3.86%
SHIB/USD$ 0.000024 6.77%
TON/USD$ 5.34 0.45%
WBTC/USD$ 89,274.92 0.49%
WSTETH/USD$ 3,592.50 4.41%
AVAX/USD$ 31.77 2.27%
SUI/USD$ 3.33 1.06%
WETH/USD$ 3,029.50 4.07%
PEPE/USD$ 0.000021 7.72%
BCH/USD$ 423.70 0.97%
LINK/USD$ 13.31 0.09%
DOT/USD$ 4.98 1.06%
LEO/USD$ 7.58 1.26%
NEAR/USD$ 5.36 0.69%
LTC/USD$ 83.16 3.15%
APT/USD$ 11.62 0.15%
WEETH/USD$ 3,188.52 4.51%
USDS/USD$ 0.997223 0.78%
UNI/USD$ 8.12 3.75%
CRO/USD$ 0.162798 0.96%
XLM/USD$ 0.135982 7.81%
ICP/USD$ 8.16 1.28%
TAO/USD$ 501.54 2.72%
WIF/USD$ 3.59 10.98%
ETC/USD$ 22.65 3.16%
DAI/USD$ 1.00 0.15%
KAS/USD$ 0.130316 7.29%
WBT/USD$ 22.26 0.22%
FET/USD$ 1.22 6.87%
USDE/USD$ 1.00 0.10%
POL/USD$ 0.360128 1.74%
STX/USD$ 1.82 3.01%
XMR/USD$ 146.19 0.52%
BONK/USD$ 0.000038 1.20%
OKB/USD$ 43.32 1.13%
RENDER/USD$ 6.59 7.77%
FDUSD/USD$ 1.00 0.02%
HBAR/USD$ 0.067301 8.07%
FIL/USD$ 4.04 2.32%
AAVE/USD$ 158.52 4.87%