$ETH 24-hour low confirmed.
24h: -2.11%, current price 2480.77, previous low 2482.02.
Structurally, a new low means the bulls' defensive line has been breached. The first thing to watch on a rebound is whether the price can reclaim the previous low. If it can't, weakness is likely to continue; only a recovery above that level could signal a bottoming structure. How do you interpret these figures?
24h: -2.11%, current price 2480.77, previous low 2482.02.
Structurally, a new low means the bulls' defensive line has been breached. The first thing to watch on a rebound is whether the price can reclaim the previous low. If it can't, weakness is likely to continue; only a recovery above that level could signal a bottoming structure. How do you interpret these figures?