Over the past 24 hours wave of panic sales Ethereum were washed out of the cryptocurrency market is about $16 billion, According to CoinMarketCap, as of 16:30 GMT on 20 November, the Ethereum market is estimated at $77.6 billion
The total losses of the market from the beginning of the main autumn wave of sales have already exceeded $34 billion.
In this session price Ethereum has set a new low of $121,50.
At the moment the price of a pair of ETH/USD corrected to $130,00. According to analysts, in that case, if the bears will break the support price in the range of $130-115, we should expect that quotes Ethereum will collapse at least to the nearest strong support level at around $96.