To be honest, today’s ETH price action is really making me frown. BTC is up +2%, and ETH is only up +0.1%—basically treading water. Some people say ETH is weak, but I don’t think this is normal. After two rounds of bull and bear markets, ETH has never been the kind of asset that follows down but not up. Today’s move clearly looks like someone is dumping.
At the 2721 level, it’s neither high nor low—experienced traders all know what it implies. While BTC is pumping, ETH isn’t moving. Either the money is waiting for a signal, or someone is shorting.
What do you think? Does today’s ETH need to catch up, or will it keep lying flat? Comment in the section below 👇 Tap the button below to trade: $ETH
At the 2721 level, it’s neither high nor low—experienced traders all know what it implies. While BTC is pumping, ETH isn’t moving. Either the money is waiting for a signal, or someone is shorting.
What do you think? Does today’s ETH need to catch up, or will it keep lying flat? Comment in the section below 👇 Tap the button below to trade: $ETH