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During the last 24 hours Ethereum is down nearly 10% due to heavy bearish pressure. Most of the crypto market is in bearish land slide so it’s normal for eth to also be down.
Ethereum resistance level is around $3000 to $3100 it has been tested but failed. Ethereum currently has support at $2900 to 2800 and likely this support will be tested.
On a positive note: Ethereum staking has reached all time high with over 33 million eth locked in staking. Ethereum will receive Fuska updates in December and this will improve network efficiency among many other factors.
In conclusion: Extreme fear in the market is still signaling a bearish moment. Long term remains very positive Due to strong staking and upcoming December updates.
Wishing you a profitable and positive day ahead 💰 Stay focused, stay patient — every dip hides a new opportunity 📉➡️📈 Let’s make it a green day on the charts! 🚀 #Write2Earn #imene_mg #Binance #bitcoin $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)
There is no need to envy others' overnight doubling; behind those flashy profits lies the composure to withstand sharp declines, the clarity to hold positions without greed, and the experience gained through ups and downs. Take it slow and steady, and you will eventually obtain your share of the returns. #加密市场观察 #加密市场反弹 $BTC $ETH $BNB
There is no need to envy others' overnight doubling; behind those flashy profits lies the composure to withstand sharp declines, the clarity to hold positions without greed, and the experience gained through ups and downs. Take it slow and steady, and you will eventually obtain your share of the returns. #加密市场观察 #加密市场反弹 $BTC $ETH $BNB
Stay tuned and keep following T-G Teamiimy— a lot of new things are coming soon! 😉 #Write2Earn #Binance #imene_mg #bitcoin $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) $ETH {spot}(ETHUSDT)
Protect your capital 🔐The most important rule in trading: "Don't lose your money". ✅Use stop-loss orders in every trade. It may not make you rich overnight, but it will keep you in the game longer.
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