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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.
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- Best Entry: Wait for pullback to 0.125-0.130 resistance for optimal Or break below 0.1105 for momentum entry - SL: 0.129-0.135 - TP: 0.092-0.085 #LUNA #LUNA2USDT
🧡Bitcoin is currently trading around $86,000, reflecting a period of correction and consolidation. 🔸️BTC has retreated roughly 30% from its all-time high of $126,223 reached on October 6, 2025. 🔸️The "Fear & Greed Index" has recently dipped into Extreme Fear (score of 17), largely due to high liquidations over $540 million in leveraged positions were wiped out in the last 24 hours.
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