Market Update: 🚨

Today, the price of Ethereum ($ETH) is experiencing a sharp decline, currently sitting at ~2,519 $, down approximately 8.9% over the past 24 hours.

🥊 Technically, ETH failed to maintain above the 50‑EMA (~2,410 $), losing key support at 2,700–2,800 $ after breaking the short-term uptrend line.

🌐 On the other hand, the expiration of over 3.5 billion dollars in options contracts today is an additional factor contributing to volatility.

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🎯 Quick Recommendations:

For long-term investors: Watch the daily support level at 2,500–2,600 $ – any slip below may negate the bullish scenario.