$ETH

ETH Market Update

Should Ethereum (ETH) fall below the $2,520 level, it is advisable to refrain from initiating any trades. Technical analysis suggests potential further declines to the $2,300, $2,450, or $2,400 support zones.

For those currently holding long positions, close monitoring is essential. If your liquidation threshold remains significantly distant, it is recommended to remain calm and maintain your position without undue concern.

No new positions should be entered unless a clearly defined and high-probability setup emerges on the chart by Monday.

Market pressure is mounting, and a recent large-scale manipulation order has triggered substantial liquidations across multiple positions. This underscores the importance of exercising heightened caution in the current environment. #ETH #ETHETFS