🚨 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