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What is a "hard fork" in cryptocurrency? A) A minor software update B) A major change that creates a new version of the blockchain C) A security breach D) A marketing campaign
Price Performance: ETH has dropped 3.93% in the last 24 hours, currently trading near key support levels. Market Sentiment: ETH has strong buying interest near $2,100 - $2,150, making this an attractive buy-the-dip setup.
Reason for Reversal: Failed Breakout: If ETH gets rejected at $2,230 - $2,250, it may retrace towards $2,150 or lower. Bearish Pressure: The overall market has been facing selling pressure, and ETH is 55% down from its all-time high, signaling potential for further corrections. Liquidity Grab: A sharp pump to $2,250 followed by a rejection could trigger a short-term pullback.