17May

Ethereum Drops 4% — Golden Buying Opportunity or More Pain Ahead?

Ethereum (ETH) is currently trading at $2,480, down 4.18% in the last 24 hours.

24h High: $2,602

24h Low: $2,446

MA60 Support: $2,479 (holding strong)

ETH bounced off its 60-day moving average, showing signs of possible accumulation. This could be a classic dip-buy zone for smart money.

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Whale Activity Spotted

Major wallets are buying the dip, suggesting confidence in the mid-term rally. If this support holds, the next resistance lies around $2,550–$2,600.

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Key Takeaway for Traders:

Is this your moment to "Buy the Dip" or will you "Wait for Confirmation"?

Drop your thoughts in the comments!

#Ethereum #ETH #CryptoNews #BuyTheDip #CryptoMarket #ETHUSDT #BinanceSquare #CryptoTrading #Altcoins #TechnicalAnalysis #CryptoCommunity #17May