🚨 Ethereum between a rock and a hard place! Will it escape the downturn? 🚀🤔
The ETH coin saw a decline of about 5.3% today, reaching a price of around $2,268, amidst significant selling pressure! 😓
Why?
⚡️ The expiration of the contracts (Options) triggered a wave of selling.
⚡️ Outflows from the network mean investors are cashing out! 👋
⚡️ Resistance at the $2,525 level has been a formidable barrier. 🚧
But don't worry, the story isn't over!
There are positive signals indicating that Ethereum could soar soon:
⚡️ Institutional inflows in the billions (about $840 million in June) 🚀💼
⚡️ The anticipated Fusaka update that could turn the network into a "superhero" 💥🦸♂️
⚡️ Technical analyses hint at a bullish breakout if we break the $2,500 level 🔥
Current support is around $2,400, and if we break through resistance, we could see new highs. 😎📈
The leading coin always has surprises, so let's keep an eye on it and see who will win in the price game! 🎲💸
