🔻 #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 👇
