A popular analyst is warning Ethereum (ETH) is facing another leg down while many other altcoins will lose a ton of their valuation. In a new YouTube strategy session, crypto strategist Nicholas Merten tells his 512,000 subscribers that Ethereum is on a downtrend with the 200-week moving average continuing to act as resistance. “Even though The post Analyst Nicholas Merten Warns of Altcoin Cleansing, Says Ethereum (ETH) Facing Another Leg Down appeared first on The Daily Hodl .