eth
120.3M views
105,348 Discussing
Hot
Latest
See original
I have informed you since a few hours ago, there will continue to be big and massive sales. $BTC and $ETH will continue to be pushed down, prepare the momentum so that when the time is right we will continue to Long. It's just not the time yet this month. This will still decrease first.
#eth will go to 2700-2800
#btc will go to 88000-90000
#eth will go to 2700-2800
#btc will go to 88000-90000
Share my holding position
S
ETHUSDT
Perp
50X
+142.00%
Entry
3,267.67
Latest
3,177.45
$ETH Chart Analysis/ Price action.(13-01-2025)
•On daily time frame Etherium is making inverse head n shoulder pattered. It is currently trading at lower range with immediate support at 31500 (as shown by the blue box).
~Etherium has been bounced from this level many times and now testing the level again. By looking at the market dynamics it seems like we may visit the lower levels of $2900 from now onwards.
~This level of $2900 correctly alligns with the H&S pattern and we can see a perfect bounce or bullish momentum from this range going to the higher level.
•Plan:
I’m already LONG in etherium. Will add more quantity at the level of 3100 and 2900. Good to Buy below 3100 for low risk and high profits.
Disclaimer:
This my analysis and prediction for price action. Do your own research before taking any trade and better be safe and protect your capital.
#eth
•On daily time frame Etherium is making inverse head n shoulder pattered. It is currently trading at lower range with immediate support at 31500 (as shown by the blue box).
~Etherium has been bounced from this level many times and now testing the level again. By looking at the market dynamics it seems like we may visit the lower levels of $2900 from now onwards.
~This level of $2900 correctly alligns with the H&S pattern and we can see a perfect bounce or bullish momentum from this range going to the higher level.
•Plan:
I’m already LONG in etherium. Will add more quantity at the level of 3100 and 2900. Good to Buy below 3100 for low risk and high profits.
Disclaimer:
This my analysis and prediction for price action. Do your own research before taking any trade and better be safe and protect your capital.
#eth
HuyNhien:
want to buy more but out of capital
See original
The cryptocurrency market has seen significant volatility over the past 24 hours, resulting in the liquidation of positions worth an estimated $631 million. 
Liquidation Details:
• Long Positions: Liquidated around $631 million, due to the sudden price drop. 
Top Impacted Coins:
• Bitcoin (BTC): Its price dropped to around $92,500, resulting in the liquidation of large positions. 
• Ethereum (ETH): It saw a significant decline, affecting investors significantly.
What Can We Learn?
• Volatility as an Opportunity: Traders should take advantage of these price movements to develop resilient trading strategies.
• Risk Management: Remains essential; it is advisable not to invest amounts that you cannot afford to lose.
• Planning ahead: Preparing for volatility helps reduce potential losses.
Tip for Traders:
These figures show that the market is full of challenges and opportunities. Use volatility to your advantage, and always be prepared for every scenario!
Are you ready for the next step?
Share your thoughts on how to face such challenges, and let's achieve success in the world of cryptocurrencies together!
#btc #eth #cryptouniverseofficial
Liquidation Details:
• Long Positions: Liquidated around $631 million, due to the sudden price drop. 
Top Impacted Coins:
• Bitcoin (BTC): Its price dropped to around $92,500, resulting in the liquidation of large positions. 
• Ethereum (ETH): It saw a significant decline, affecting investors significantly.
What Can We Learn?
• Volatility as an Opportunity: Traders should take advantage of these price movements to develop resilient trading strategies.
• Risk Management: Remains essential; it is advisable not to invest amounts that you cannot afford to lose.
• Planning ahead: Preparing for volatility helps reduce potential losses.
Tip for Traders:
These figures show that the market is full of challenges and opportunities. Use volatility to your advantage, and always be prepared for every scenario!
Are you ready for the next step?
Share your thoughts on how to face such challenges, and let's achieve success in the world of cryptocurrencies together!
#btc #eth #cryptouniverseofficial
#btc #eth #xrp #bnb
Brace Yourself for the Biggest Crypto Bear Market:
The cryptocurrency market is bracing for what could be the largest bear market ever seen. Analysts point to increasing global regulatory scrutiny, tightening monetary policies, and waning retail investor confidence as key factors. Major tokens like Bitcoin and Ethereum are already showing signs of weakness, with prolonged sell-offs and declining trading volumes.
This downturn could mark a critical period of consolidation, potentially shaking out speculative projects while rewarding fundamentally strong ones. Experts suggest this phase may last longer than previous cycles, testing the resilience of both investors and blockchain projects.
However, seasoned investors see opportunity amidst the chaos. Accumulating high-quality assets during bearish periods has historically yielded significant returns. As the market navigates these turbulent waters, patience and strategic decision-making will be key to surviving—and thriving—when the bull market eventually returns. 😥😥😥
Brace Yourself for the Biggest Crypto Bear Market:
The cryptocurrency market is bracing for what could be the largest bear market ever seen. Analysts point to increasing global regulatory scrutiny, tightening monetary policies, and waning retail investor confidence as key factors. Major tokens like Bitcoin and Ethereum are already showing signs of weakness, with prolonged sell-offs and declining trading volumes.
This downturn could mark a critical period of consolidation, potentially shaking out speculative projects while rewarding fundamentally strong ones. Experts suggest this phase may last longer than previous cycles, testing the resilience of both investors and blockchain projects.
However, seasoned investors see opportunity amidst the chaos. Accumulating high-quality assets during bearish periods has historically yielded significant returns. As the market navigates these turbulent waters, patience and strategic decision-making will be key to surviving—and thriving—when the bull market eventually returns. 😥😥😥
Ethereum ($ETH) – ⚡ Breakout in Sight?
• 💵 Current Price: $3,257
• 📉 24h Change: -$25.28 (-0.77%)
• 📊 Intraday High/Low: $3,334.42 / $3,226.13
Market Analysis:
• ETH’s coiling up 🔥 under $3,350 resistance – breakout could be around the corner!
• If we smash through $3,350 with volume 🚀, next stop is $3,500 and beyond 💎🙌.
• The ecosystem keeps expanding, making ETH a fav for big players 🤑.
Technical Levels:
• 🛡️ Support: $3,200
• 🚀 Resistance: $3,350 (key level), $3,500 (target).
Trading Strategy:
• 🔑 Entry: Jump in on confirmed breakout above $3,350.
• ⚠️ SL (Stop Loss): $3,190 – avoid being shaken out on weak dips.
• 💰 TP (Take Profit):
• TP1: $3,400 (bank some profits).
• TP2: $3,500 (go all in for the win).#eth #Ethereum
• 💵 Current Price: $3,257
• 📉 24h Change: -$25.28 (-0.77%)
• 📊 Intraday High/Low: $3,334.42 / $3,226.13
Market Analysis:
• ETH’s coiling up 🔥 under $3,350 resistance – breakout could be around the corner!
• If we smash through $3,350 with volume 🚀, next stop is $3,500 and beyond 💎🙌.
• The ecosystem keeps expanding, making ETH a fav for big players 🤑.
Technical Levels:
• 🛡️ Support: $3,200
• 🚀 Resistance: $3,350 (key level), $3,500 (target).
Trading Strategy:
• 🔑 Entry: Jump in on confirmed breakout above $3,350.
• ⚠️ SL (Stop Loss): $3,190 – avoid being shaken out on weak dips.
• 💰 TP (Take Profit):
• TP1: $3,400 (bank some profits).
• TP2: $3,500 (go all in for the win).#eth #Ethereum
Nana Ketterl vWRk:
I’m feeling so sad trading this Eth. No progress for a very long time
See original
According to my past speculation and judgment, the market has initially formed the basic support for a new round of bull market.
1. When the Fed cut interest rates, I wrote about the expectation of the appreciation of the US dollar after the rate cut. It was a crazy thing at that time, but now it is exciting to see the US dollar index of 109.
2. The imbalance of monetary structure is an opportunity with huge risks. In the past, I defined this risk event as "delayed economic recession after the epidemic". We can also see some negative economic growth in some parts of Europe.
3. Western political ideology has changed, from the open grand alliance economic ideology in the past to the economic ideology with a certain protection tendency today, from the economic system of the grand alliance established by the Democratic Party in the world to the current "mind your own business" has become the main theme of Western politics. Some more difficult things have occurred within them, perhaps the social efficiency mentioned by Musk, or perhaps the "mind your own business" mentioned by Trump, but either one is an interesting thing.
The current market has the foundation for a new round of bull market. The opportunistic imbalance of monetary structure and the transformation of Western economic ideology have provided support for the market. This basic support may become more solid as the market develops further, and it is worth paying close attention to.
In the past, when interest rates were cut, I wrote that the US dollar index would rise and the West could not control inflation. Many people would say that I had a problem with my brain. Now that these things have happened, I have begun to get excited.
In the case of inflation and imbalanced monetary structure, whether it is energy credit or crypto credit, it is an interesting thing.
$BTC $ETH $BNB #btc #eth #bnb
1. When the Fed cut interest rates, I wrote about the expectation of the appreciation of the US dollar after the rate cut. It was a crazy thing at that time, but now it is exciting to see the US dollar index of 109.
2. The imbalance of monetary structure is an opportunity with huge risks. In the past, I defined this risk event as "delayed economic recession after the epidemic". We can also see some negative economic growth in some parts of Europe.
3. Western political ideology has changed, from the open grand alliance economic ideology in the past to the economic ideology with a certain protection tendency today, from the economic system of the grand alliance established by the Democratic Party in the world to the current "mind your own business" has become the main theme of Western politics. Some more difficult things have occurred within them, perhaps the social efficiency mentioned by Musk, or perhaps the "mind your own business" mentioned by Trump, but either one is an interesting thing.
The current market has the foundation for a new round of bull market. The opportunistic imbalance of monetary structure and the transformation of Western economic ideology have provided support for the market. This basic support may become more solid as the market develops further, and it is worth paying close attention to.
In the past, when interest rates were cut, I wrote that the US dollar index would rise and the West could not control inflation. Many people would say that I had a problem with my brain. Now that these things have happened, I have begun to get excited.
In the case of inflation and imbalanced monetary structure, whether it is energy credit or crypto credit, it is an interesting thing.
$BTC $ETH $BNB #btc #eth #bnb
春天里8848:
余总，高屋建瓴
And here's the promised Ethereum (#ETH) 🔹 chart.
➡️On the 1D timeframe we see that during the corrective movement the asset reached the upper boundary of the 1D bullish OB ($3,159-$3,029), from where the reaction followed and the local growth started 📈. At the moment, I expect the uptrend to continue with the aim of fully overlapping the top TWO magnets:
• 1D imbalance ($3,511-$3,610)
• 1D imbalance ($3,783-$3,848)
Also, we should not forget 💡 about the local high of the asset ($4,107), because that is where a huge amount of liquidity is located. I am more than sure that in the very near future Ethereum price will start a strong growth 🚀, for which we need to be ready! That's why Dark Lord is starting to buy #ETH into his spot portfolio — we just can't delay now 🙅🏻♂️
Imperial's, the big player's interest in BTC is slowly decreasing, as well as its dominance (BTC.D). The overflow of funds into Ethereum has already started ✅, the market is clearly preparing for a surge!
#Ethereum #eth
$ETH
#bullish
➡️On the 1D timeframe we see that during the corrective movement the asset reached the upper boundary of the 1D bullish OB ($3,159-$3,029), from where the reaction followed and the local growth started 📈. At the moment, I expect the uptrend to continue with the aim of fully overlapping the top TWO magnets:
• 1D imbalance ($3,511-$3,610)
• 1D imbalance ($3,783-$3,848)
Also, we should not forget 💡 about the local high of the asset ($4,107), because that is where a huge amount of liquidity is located. I am more than sure that in the very near future Ethereum price will start a strong growth 🚀, for which we need to be ready! That's why Dark Lord is starting to buy #ETH into his spot portfolio — we just can't delay now 🙅🏻♂️
Imperial's, the big player's interest in BTC is slowly decreasing, as well as its dominance (BTC.D). The overflow of funds into Ethereum has already started ✅, the market is clearly preparing for a surge!
#Ethereum #eth
$ETH
#bullish
See original
I'm telling you that the big pie starting with 8 has reached #BTC☀️
I'm telling you that the ether starting with 2 has also reached #eth
I don't really want to see the big pie starting with 7 and the ether at 2500, it's boring
But I've been drawing the line for half a year, and it won't look good if you don't come $BTC $ETH
I'm telling you that the ether starting with 2 has also reached #eth
I don't really want to see the big pie starting with 7 and the ether at 2500, it's boring
But I've been drawing the line for half a year, and it won't look good if you don't come $BTC $ETH
See original
Let's talk about something interesting. People around me are discussing whether to exchange for US dollars due to fluctuations in exchange rates. It seems a bit boring that an ordinary person suddenly starts to care about how much the exchange rate fluctuates.
Based on the gold standard, people's paper wealth will disappear by about 25% in 2024. Unlike gold, Bitcoin has higher volatility, which can be understood as a permanent loss of wealth.
The wealth lost in Bitcoin is even more. In the past year, Bitcoin has risen by about 120%. The wealth lost in Ethereum is also considerable, as Ethereum has increased by about 50% in the past year. Of course, cryptocurrencies are not as stable as gold, but no government bonds or currencies have appreciated more than 10%. Although using these as a measure for fiat currency may not be very appropriate, it can serve as a pricing reference for our ordinary people's wealth.
With the intensification of geopolitical issues, the wave of self-protective ideologies in Western politics, various problems, and the structural imbalance of fiat currency, as well as whether countries will shift funds towards energy credits, fluctuations in exchange rates are not interesting at all.
The reason for my inquiry is that it feels like the central bank suddenly paused its purchases of government bonds. Is there going to be a triple kill of stocks, foreign exchange, and bonds? There is no need for concern. It's a supply and demand issue, which proves that there is a strong influx of external funds into the government bond market. Moreover, the scale of our government bonds is limited; in the past, most government bonds have been controlled by the central bank and other institutions. The bonds issued after this year should be considered traditional government bonds. Due to unique systemic issues, there is no need to worry about these fluctuations. Overall, compared to Europe, Japan, and South Korea, we still have a very healthy market.
It's important to differentiate between the structures of local debts and national debts; there is no need for panic. Including the exchange rate, if it can be pulled back, it will be; if it cannot be pulled back, there must be a reason for it. There is no need to be anxious about these issues.
$BTC $ETH $BNB #btc #eth #bnb
Based on the gold standard, people's paper wealth will disappear by about 25% in 2024. Unlike gold, Bitcoin has higher volatility, which can be understood as a permanent loss of wealth.
The wealth lost in Bitcoin is even more. In the past year, Bitcoin has risen by about 120%. The wealth lost in Ethereum is also considerable, as Ethereum has increased by about 50% in the past year. Of course, cryptocurrencies are not as stable as gold, but no government bonds or currencies have appreciated more than 10%. Although using these as a measure for fiat currency may not be very appropriate, it can serve as a pricing reference for our ordinary people's wealth.
With the intensification of geopolitical issues, the wave of self-protective ideologies in Western politics, various problems, and the structural imbalance of fiat currency, as well as whether countries will shift funds towards energy credits, fluctuations in exchange rates are not interesting at all.
The reason for my inquiry is that it feels like the central bank suddenly paused its purchases of government bonds. Is there going to be a triple kill of stocks, foreign exchange, and bonds? There is no need for concern. It's a supply and demand issue, which proves that there is a strong influx of external funds into the government bond market. Moreover, the scale of our government bonds is limited; in the past, most government bonds have been controlled by the central bank and other institutions. The bonds issued after this year should be considered traditional government bonds. Due to unique systemic issues, there is no need to worry about these fluctuations. Overall, compared to Europe, Japan, and South Korea, we still have a very healthy market.
It's important to differentiate between the structures of local debts and national debts; there is no need for panic. Including the exchange rate, if it can be pulled back, it will be; if it cannot be pulled back, there must be a reason for it. There is no need to be anxious about these issues.
$BTC $ETH $BNB #btc #eth #bnb
Ethereum Market Outlook: Will Consolidation Break Give Bulls the Upper Hand?
It’s been a tough week for ether as the second-largest crypto asset by market cap is down 8.7% against the greenback. Today, priced at $3,273 per ETH with a market capitalization of $394 billion and a 24-hour trading volume of $22.90 billion, ethereum oscillated within an intraday range of $3,192 to $3,322 on Jan. 11, 2025.
Ethereum
Ethereum’s daily chart highlights ethereum’s consolidation phase between $3,200 and $3,300, following a steep descent from $4,111 to $3,097. The presence of smaller candlesticks coupled with diminished volatility signals waning selling pressure. However, the absence of a definitive buying impulse leaves the market direction ambiguous. A breakout above $3,400 accompanied by strong volume could pave the way for bullish prospects, whereas a decline beneath $3,100 would reinforce bearish momentum.
ETH/USD 1D chart on Jan. 11, 2025.
On the ETH/USD 4-hour chart, ethereum has shown minor attempts at recovery after its drop from $3,746 to $3,156. Price movements are largely confined, with alternating small green and red candles emphasizing market indecision. Resistance at $3,300 remains a pivotal barrier, while pronounced volume during earlier declines reflects persistent selling activity. A steady climb beyond $3,350 might signal upward momentum, but a fall below $3,150 could prompt a retest of the $3,000 level.
ETH/USD 4H chart on Jan. 11, 2025.
Ethereum’s hourly chart presents a similar narrative, where ethereum’s short-term recovery attempts are met with resistance near $3,300. Price consolidation around $3,250 suggests potential accumulation, though a lack of definitive buying signals persists. The tapering volume implies temporary exhaustion among sellers, positioning $3,300 as a critical threshold for determining the next price movement.
ETH/USD 1H chart on Jan. 11, 2025.
Technical oscillators, including the relative strength index (RSI), Stochastic oscillator, commodity channel index (CCI), and awesome oscillator, exhibit neutral readings, underscoring the lack of clear momentum. Meanwhile, indicators like the momentum oscillator and moving average convergence divergence (MACD) lean bearish, signaling selling activity.
Moving averages—both exponential (EMA) and simple (SMA)—align with a bearish trend over shorter timeframes. The 10-day and 20-day averages favor selling, while longer-term averages, such as the 100-day and 200-day SMAs, identify support zones near $3,265 and $3,109, respectively.
Bull Verdict:
If ethereum manages to surpass the critical $3,400 resistance with sustained volume, it could mark the beginning of a bullish phase, opening the door for higher highs and renewed investor confidence. Momentum would likely gain traction as buyers reclaim control, setting the stage for a potential rally.
Bear Verdict:
A decisive drop below $3,100, accompanied by increased selling pressure, would confirm further bearish momentum. This scenario could lead to ethereum retesting key support levels near $3,000 or lower, exacerbating pessimism and pushing prices into a deeper downtrend.
#binance #wendy #eth $ETH
Ethereum
Ethereum’s daily chart highlights ethereum’s consolidation phase between $3,200 and $3,300, following a steep descent from $4,111 to $3,097. The presence of smaller candlesticks coupled with diminished volatility signals waning selling pressure. However, the absence of a definitive buying impulse leaves the market direction ambiguous. A breakout above $3,400 accompanied by strong volume could pave the way for bullish prospects, whereas a decline beneath $3,100 would reinforce bearish momentum.
ETH/USD 1D chart on Jan. 11, 2025.
On the ETH/USD 4-hour chart, ethereum has shown minor attempts at recovery after its drop from $3,746 to $3,156. Price movements are largely confined, with alternating small green and red candles emphasizing market indecision. Resistance at $3,300 remains a pivotal barrier, while pronounced volume during earlier declines reflects persistent selling activity. A steady climb beyond $3,350 might signal upward momentum, but a fall below $3,150 could prompt a retest of the $3,000 level.
ETH/USD 4H chart on Jan. 11, 2025.
Ethereum’s hourly chart presents a similar narrative, where ethereum’s short-term recovery attempts are met with resistance near $3,300. Price consolidation around $3,250 suggests potential accumulation, though a lack of definitive buying signals persists. The tapering volume implies temporary exhaustion among sellers, positioning $3,300 as a critical threshold for determining the next price movement.
ETH/USD 1H chart on Jan. 11, 2025.
Technical oscillators, including the relative strength index (RSI), Stochastic oscillator, commodity channel index (CCI), and awesome oscillator, exhibit neutral readings, underscoring the lack of clear momentum. Meanwhile, indicators like the momentum oscillator and moving average convergence divergence (MACD) lean bearish, signaling selling activity.
Moving averages—both exponential (EMA) and simple (SMA)—align with a bearish trend over shorter timeframes. The 10-day and 20-day averages favor selling, while longer-term averages, such as the 100-day and 200-day SMAs, identify support zones near $3,265 and $3,109, respectively.
Bull Verdict:
If ethereum manages to surpass the critical $3,400 resistance with sustained volume, it could mark the beginning of a bullish phase, opening the door for higher highs and renewed investor confidence. Momentum would likely gain traction as buyers reclaim control, setting the stage for a potential rally.
Bear Verdict:
A decisive drop below $3,100, accompanied by increased selling pressure, would confirm further bearish momentum. This scenario could lead to ethereum retesting key support levels near $3,000 or lower, exacerbating pessimism and pushing prices into a deeper downtrend.
#binance #wendy #eth $ETH
This is my today deposit coin transaction , would you like it , i deposit $BNB $USDC $TRX #eth #ton aod many tokens you can see in below screenshot , so follow my blog post and please give 1 like , thanks for all .
#ShareYourTrade #ShareYourTrade #ShareYourTrade
#ShareYourTrade #ShareYourTrade #ShareYourTrade
#eth #Ethereum #crypto
✨ Ethereum holders are growing!
Statistics for the last months show that $ETH outflows from exchanges have increased. This indicates that investors prefer to accumulate the asset and keep it in their wallets.
$ETH is one of the main assets in Donald Trump's portfolio. He owns almost 496 $ETH worth $1.6 million.
✨ Ethereum holders are growing!
Statistics for the last months show that $ETH outflows from exchanges have increased. This indicates that investors prefer to accumulate the asset and keep it in their wallets.
$ETH is one of the main assets in Donald Trump's portfolio. He owns almost 496 $ETH worth $1.6 million.
Remember that
And will happen and start in 18/1 /2025
To 2 weeks more
We will see updates for this market
Is going up
30%
90%
130%
180%
Buy on the dip and sell on the up ⬆️
Thank me later
تذكر من تاريخ 18/1/2025
الي سبوعين قدام
راح يصير شي قوي في سوق كله. وراح يكون صعود قوي
اشتري و عزز في نزول و بيع مع ارتفاع دبلات
اشكرني بعدين
$BTC
$ETH
$XRP
#btc #eth #xrp
And will happen and start in 18/1 /2025
To 2 weeks more
We will see updates for this market
Is going up
30%
90%
130%
180%
Buy on the dip and sell on the up ⬆️
Thank me later
تذكر من تاريخ 18/1/2025
الي سبوعين قدام
راح يصير شي قوي في سوق كله. وراح يكون صعود قوي
اشتري و عزز في نزول و بيع مع ارتفاع دبلات
اشكرني بعدين
$BTC
$ETH
$XRP
#btc #eth #xrp
See original
Ethereum has set a new low, having fallen 50% from last year's high of 4100 in December. Scary, right?!
【12306: Based on the data from pre-sale tickets and standby ticket purchases, we will increase the capacity in popular directions and time slots when conditions allow】According to Jinshi Data on January 13, as of 5 PM on the 13th, the railway 12306 has sold a total of 85.07 million tickets during the Spring Festival travel rush, including 3.837 million student discount tickets for students and 1.124 million tickets for workers through the reserved ticket service area, 259,000 tickets through the optimized pilot area for pre-filled ticket information, and 673.9 thousand tickets through standby ticket purchases. The railway department will increase capacity resources in popular directions and time slots based on the pre-sale ticket and standby ticket data from 12306. (The Paper)
#btc #eth
【12306: Based on the data from pre-sale tickets and standby ticket purchases, we will increase the capacity in popular directions and time slots when conditions allow】According to Jinshi Data on January 13, as of 5 PM on the 13th, the railway 12306 has sold a total of 85.07 million tickets during the Spring Festival travel rush, including 3.837 million student discount tickets for students and 1.124 million tickets for workers through the reserved ticket service area, 259,000 tickets through the optimized pilot area for pre-filled ticket information, and 673.9 thousand tickets through standby ticket purchases. The railway department will increase capacity resources in popular directions and time slots based on the pre-sale ticket and standby ticket data from 12306. (The Paper)
#btc #eth
Those who have witnessed last bull run can easily predict what next,
Those who are new remember don't sell anything buy if you can concentrate more on alt...
Remember future is crypto patience is key smart investor win the race.
All the best
$BTC
$ETH
$XRP
#btc
#Eth
#cryptoblood
Those who are new remember don't sell anything buy if you can concentrate more on alt...
Remember future is crypto patience is key smart investor win the race.
All the best
$BTC
$ETH
$XRP
#btc
#Eth
#cryptoblood
Good Shot:
I agree
$ETH /#USDT Technical Analysis
Ethereum (ETH), the second-largest cryptocurrency by market cap, has taken a notable downturn, currently trading at $3,010.61, reflecting a steep 7.99% decline in the last 24 hours. The 30-minute chart showcases a bearish trajectory with $ETH reaching a 24-hour low of $2,920 after an initial high of $3,339. The sharp drop below critical psychological support levels, such as $3,100, highlights significant selling pressure, with a massive trading volume of 580,657 #ETH (equivalent to $1.82 billion in USDT). The long red candlestick towards the session's end signals heightened panic selling, though some short-term recovery attempts are evident.
This downward trend in ETH aligns with broader market corrections, yet its sheer dominance and utility in the blockchain ecosystem make it a prime candidate for a swift rebound. Should ETH breach resistance around $3,073 in the coming hours, it may attempt to reclaim higher levels near $3,150. However, failure to hold the $2,900 support could lead to further downside toward $2,800. Traders eyeing volatility should remain cautious but vigilant for opportunities, as Ethereum remains one of the hottest coins to monitor in this corrective phase.
#ETH📈
Ethereum (ETH), the second-largest cryptocurrency by market cap, has taken a notable downturn, currently trading at $3,010.61, reflecting a steep 7.99% decline in the last 24 hours. The 30-minute chart showcases a bearish trajectory with $ETH reaching a 24-hour low of $2,920 after an initial high of $3,339. The sharp drop below critical psychological support levels, such as $3,100, highlights significant selling pressure, with a massive trading volume of 580,657 #ETH (equivalent to $1.82 billion in USDT). The long red candlestick towards the session's end signals heightened panic selling, though some short-term recovery attempts are evident.
This downward trend in ETH aligns with broader market corrections, yet its sheer dominance and utility in the blockchain ecosystem make it a prime candidate for a swift rebound. Should ETH breach resistance around $3,073 in the coming hours, it may attempt to reclaim higher levels near $3,150. However, failure to hold the $2,900 support could lead to further downside toward $2,800. Traders eyeing volatility should remain cautious but vigilant for opportunities, as Ethereum remains one of the hottest coins to monitor in this corrective phase.
#ETH📈
Lucifer_Morningstar911:
should I buy etherium