$ETH Market Update:
👉 #ETH experienced a significant pump, reaching a maximum of 2139, but it's not following BTC trends. Panic buyers entered, leading to FOMO, causing a drop to 1900 before reversing to break the previous high of 2139, even if BTC rises.
👉 According to the 15-minute chart, #ETH had support at 2097, which has been broken. On the 1-hour chart, the support level of 2075 is already broken, indicating a potential drop to 1900 before breaking the previous high.
👉 Advice to #ETH holders: consider selling if you have a high quantity, place orders at 1900, or hold and buy more for averaging. For those holding long positions, it may be better to exit and take a short position at the current market price of 2048 with enough funds and proper risk management.
👉 I consistently advise against high-risk trades. Always trade with sufficient funds and follow our accurate analysis for a better trading experience.
$ETH = Strong Bearish Momentum
Thanks for your support and love! ❤️
Author: KingofBTC2024 (For All) BXT
