$BTC $ETH ETH Life and Death Game! Will it crash directly below 1781?
Currently, ETH is hovering below $1800, having dropped 3% in the past 24 hours; this position is crucial! If it breaks below $1800 and cannot stabilize, bears may pounce like hungry wolves, directly crashing the price to the next support level of $1700, or even more severely to $1380!
The defense line that bulls must hold:
• First life and death line: $1720-$1700
This is the bottom line that buyers must defend! If it can hold here, the price may rebound.
Warning! Warning!
If $1700 cannot hold, the price will fall freely, heading towards $1534! In a worse scenario, we might even see $1380!
If it really drops to $1380-$1534:
This is the "must-buy zone"! Close your eyes and buy the dip, just wait for the main force to pump it up!
Today's focus:
ETH price absolutely cannot drop below $1779! If it breaks, it's a bear party, a graveyard for bulls!
The market is being played around by news and manipulators; my analysis may go wrong, so make sure to keep an eye on the market before buying!
Operational advice
Short when Bitcoin is around $94500 to $94800, targeting $93500 to $92800
Short when Ethereum is around $1810 to $1830, targeting $1780 to $1730
