🔻 #ETH BLOODBATH — DOWN 6.5% & FALLING FAST!

“The king is wounded… and the herd is running.”

#Ethereum (#ETH ) has taken a nasty tumble, now trading at $1,695, down from a daily high of $1,813 — that’s a sharp −6.5% drop in under 24 hours.

📉 Intraday Math:

High: $1,813

Low: $1,690

Current Price: $1,695

Drop: $118 in a straight fall

Volume (24h): $8.2B+

Liquidations: $75M+ ETH longs wiped

🔍 REASONS BEHIND THE BLOODBATH:

Macro Pressure: U.S. jobs data sparked rate hike fears again

BTC Pullback: Bitcoin lost key levels — dragging ETH and alts down with it

Whale Movements: Large wallets dumped over 50K ETH in the last 6 hours

ETF Delays & Regulation FUD: Uncertainty around ETH ETF approval & SEC pressure is weighing heavy

DeFi TVL Drain: Over $500M pulled from DeFi protocols in 48h

⚠️ TECHNICAL DAMAGE:

Support Breakdown:

$1,800 ❌

$1,750 ❌

$1,720 ⚠️

$1,680 🧪

$1,650 🛡️ Last stronghold

Indicators:

RSI < 35 (Bearish zone)

MACD Bearish on all short-term frames

EMA200 on 4H breached — trend shift confirmed

💡 FINAL THOUGHT:

This isn’t a shakeout — this is a sentiment reset.

Until ETH reclaims $1,720, the risk remains high.

Next stop if $1,650 fails? Likely $1,580–$1,500 zone.

Trade with caution. Set stops. Let the chart lead.

🧠 DYOR | ⚠️ Not Financial Advice

#ETH #EthereumCrash #CryptoBloodbath #Liquidations #BearZone #CryptoPanic

Buy and Trade $ETH coin here 👇