🚨 Ethereum at Risk — $2,100 Breakdown Looms! 🔻
📉 $ETH in Trouble — Despite Major Buy-In
🧾 Friday Highlights: 🔹 SharpLink Gaming buys 176,270 ETH at $2,626 avg, spending $462.9M 🔹 ETH now their #1 treasury asset 🔹 95% staked for DeFi yield + Ethereum security 🔹 ETH price? Still dropping amid global chaos 💥
📊 Market Impact:
💔 ETH rejected at $2,850 📉
📉 Dips 12%, now hovering near $2,450
🔥 $296M in ETH futures liquidated
• $239M long positions wrecked
• $57M in short wipeouts
⚠️ Critical Levels:
🔸 $2,450 = 38.2% Fibonacci Support
🔸 $2,500 = Must-Hold Zone
🔸 Breakdown Target: $2,110–$2,260 range
📉 100-day SMA waits just below...
🧠 Analyst Insight:
“Ethereum isn’t just crypto — it’s programmable, industrial-grade money.”
– Chung, SharpLink CEO
📌 Yet despite bullish fundamentals… ETH is bleeding from macro shocks, not logic.
🛑 Bottom Line:
Even a $462M ETH buy can't save price if support fails.
Next CPI data + Middle East tension = 🔥 more volatility ahead.
📈 Watch $2,500 like a hawk.
🛡️ Risk management matters more than ever.
#Ethereum #cryptocrash #MiddleEastConflict #TechnicalAnalysis