The manifestation of the largest alt ss wave ever, wait, stay confident, don't waver or you might jump off the bridge tomorrow
DucTradeBit
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$TRUMP Do you guys agree that since this coin was launched on the market, it has been somewhat ridiculous? It has sucked all the liquidity out of the altcoins, and now it even directly affects Bitcoin itself. A sudden drop has shaken the entire market. It’s really frustrating.
“If you can’t hold crypto for the long term, you can’t get rich.” By Cz
Irma Korkia
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⚠️📉 Ethereum Price at Risk of $2,600 Crash as 110K $ETH Hits Exchanges 💥
📊 ETH Faces Selling Pressure Ethereum (ETH) is trading at $3,358, down 25% from its yearly high of $4,107. It’s currently stuck between two critical levels: $3,613 resistance and $3,029 support. A breakout above $3,613 could trigger an uptrend, while a break below $3,029 risks a drop to $2,600.
📉 110K ETH Floods Exchanges An influx of 110,000 ETH onto exchanges signals rising selling pressure. Typically, such spikes indicate profit-taking or using ETH as collateral, hinting at potential downward momentum as investors prepare to offload their holdings.
🐋 Whales Are Taking Profits The Network Realized Profit/Loss (NPL) indicator showed profit-taking spikes on December 23 and 26. Positive NPL spikes after a crash suggest holders lack confidence in a rebound, increasing the likelihood of further price declines.
⚠️ Key Support Levels to Watch If Ethereum breaks below the $3,029 support, a drop to $2,600 becomes increasingly probable. On-chain trends, profit-taking signals, and rising exchange reserves support this bearish scenario.