đ **Ethereumâs Bloodbath**: Ethereum has officially *broken* the bounce zone, sending shockwaves through the market! With a steep drop of **-11.94%**, ETH is now eyeing a potential **plunge** toward $2,800âa critical **support level** and the site of an **unfilled CME gap**.
đ„ **The Downward Spiral**: If the selloff continues, we could see more red across the board. The $2,800 level is our next point of interestâwatch it closely. A break below that could trigger further **panic** and a **complete reset** of Ethereumâs recent gains.
đź **The Bigger Picture**: Hereâs where things could get interesting. If ETH does hit the $2,800 zone and holds, this could set up a **massive buying opportunity**. Buyers may flood in, giving Ethereum the **fuel** for a potential **breakout** from the resistance zone. A new **bull cycle** might be on the horizon, but only if the support holds strong.
â ïž **What to Do Now?** The market is volatile, and itâs critical to stay ahead of the game. If youâre holding Ethereum, **brace for impact**, but also **keep an eye** on that $2,800 support. If it holds, it could be the foundation for the next big **ETH rally**.
đ„ **The Storm is Here**: The next few days could determine if Ethereum recovers or faces a deeper plunge. Be ready for the ride, and act wisely!