🚨🚨 NEWS BITCOIN/ ETHEREUM

Ethereum finds itself shaky on the edge of a precarious position. The recent price chart indicates a concerning situation: the 26-day Exponential Moving Average (EMA), a key indicator of short-term momentum, is under threat. If this level fails to hold, Ethereum could see its value dip to the $2,347 mark, a scenario that may well trigger a more pronounced decline.

This potential slip below the 26 EMA is crucial because it suggests a weakening in buying pressure and a shift in market sentiment from accumulation to potential distribution. A break below this level would not only establish $2,347 as the next price floor but could also exacerbate the asset's losses, leading to further bearish momentum.