ETH down 5.2% in 24h — this drop deserves a comment

While watching the charts tonight, I noticed ETH is at $2,576, down 5.2% in 24h, with $1.09 billion in trading volume.

I usually sit tight during a drop like this: first see whether $2,414 holds. If it does, I’d consider getting back in after a low-volume rebound; if it doesn’t, $2,220 is next. Catching a falling knife halfway down is the worst.

If your position is small, you can wait for confirmation. If it’s large, think about your stop-loss first. Just my personal notes, not investment advice.

How are you handling this move?

#BTC #ETH #MarketMoves