Ethereum — 2.8k Re-Test Gets More And More Likely 🚨
For the third time (on the 4H chart), Ethereum fell below its support line, which can be considered a last resort, before dropping to 2.8k.
Unfortunately, the more often it drops below, the harder it is to climb back above. Therefore, the chances of a 2.8k revisit are constantly increasing. A close below the current support on the 4H chart could finally be the last spark to trigger the dip.
Is there hope? Yes! The U.S. market is about to start in an hour. This has often flipped the momentum during the last weeks. So, let's hope for the U.S. to recover that bloody red market.
