Ethereum Drops 4% — Golden Buying Opportunity or More Pain Ahead?
Ethereum (ETH) is currently trading at $2,480, down 4.18% in the last 24 hours.
24h High: $2,602
24h Low: $2,446
MA60 Support: $2,479 (holding strong)
ETH bounced off its 60-day moving average, showing signs of possible accumulation. This could be a classic dip-buy zone for smart money.
---
Whale Activity Spotted
Major wallets are buying the dip, suggesting confidence in the mid-term rally. If this support holds, the next resistance lies around $2,550–$2,600.
---
Key Takeaway for Traders:
Is this your moment to "Buy the Dip" or will you "Wait for Confirmation"?
Drop your thoughts in the comments!
#Ethereum #ETH #CryptoNews #BuyTheDip #CryptoMarket #ETHUSDT #BinanceSquare #CryptoTrading #Altcoins #TechnicalAnalysis #CryptoCommunity #17May
