*Ethereum's price suddenly dropped below $2,500 due to heavy selling. This made people worry that big investors might be selling their coins. But the price quickly went back up above $2,500.
*What Happened?*
- *Price Swing:* ETH's price went down from $2,551 to $2,499 and then came back up to $2,506.
- *Big Sell-Off:* Many people sold their ETH in the last hour, which made the price drop below $2,515-$2,520. This made people worry about big investors selling.
- *Critical Level:* The price is now just above $2,500, which is a very important level. If it stays above $2,500, it might be okay. If it goes below, it might drop more.
*Why Did This Happen?*
- *Big Investors:* Some data shows that 385,000 ETH was moved to Binance, which might mean big investors are selling.
- *Market Feeling:* People are worried about the global economy and trade issues, which might be affecting cryptocurrency prices.
- *Price Movement:* The price went up and down quickly, but buyers helped it recover near $2,500.
*What's Next?*
Traders are watching to see if ETH stays above $2,500. If people start buying again, the price might go up. But if selling continues, it might drop again.#SaylorBTCPurchase #TradingTypes101 #BinanceAlphaAlert #MarketPullback $BNB