📉 $ETH Ethereum continues to fall! What's next?
Ethereum (ETH) broke through the $2300 level and dropped to $2285, losing -5.87% in a day and -8.44% on Binance. The global decline continues:
🔻 For 7 days: -13.86%
🔻 For 30 days: -30.66%
🔻 For 90 days: -37.11%
🔻 For a year: -28.25%
The chart shows that after another pullback, the price is going down again, approaching the support zone of $2260-2250. The trading volume for 24 hours is high (1.83 billion USDT), but sellers prevail (71.90%), which indicates a bearish mood.
💡 Possible scenarios:
📍 If the price holds above $2250, a rebound and return to $2400-2500 is possible.
📍 A breakout down will open the way to $2100 and below, where the next key support is.
⚠️ Be careful! The market is highly volatile, it is important to control risks.
💬 What do you think? Buy on the fall or wait further? 🔥