#Ethereum
๐$ETH is at a key level that has defined this entire cycle โ $2800
This $2.8K level has been a powerful support and resistance many times throughout 2024โ2025. Now the bulls are desperately defending it. A drop lower โ and the next serious zone is only around $2170 ๐ฌ
But there are also good signals:
โ $ETH has already rebounded from Fridayโs $2680 to $2930+
โ Spot ETFs are in the red again โ BlackRock poured $88M in yesterday
โ Corporate piggy banks (DATs) are not panicking: BitMine Tom Lee bought another 70k $ETH on the decline, now treasuries already hold 5.26% of the total supply
Borovik is generally in the thick of it:
โETH at $2900 is extremely undervalued. 2026 will be a BIG year for Ethereumโ
So we keep our fingers crossed for $2800.
We will break through $3000โ$3400 โ and a new wave will come ๐
โ ๏ธWe will lose $2800 โ we are preparing for a deeper correction.
