🚨 Institutional funds are suddenly flowing out. ETH fell below $2,309 in 24 hours, down 1.94% to a recent low.
ETH at $2,309.19 couldn’t hold on—the price shed $44M in just 24 hours, and this sell-off is even more intense than expected.
📊 1️⃣ Key levels: Support below $2,200 didn’t hold. If this level gives way, a drop to $2,150 is likely. 2️⃣ Fund flows: ETH liquidation data shows big players are aggressively reducing their positions. 3️⃣ Historical comparison: The last time we saw such a rapid drop was in May, when institutions sold off in force.
💡 I don’t think this is just profit-taking; it looks more like someone is quietly buying the dip. That said, BTC at $80K isn’t doing much better, with the $79.5K support being tested repeatedly. Honestly, this correction has been deeper than I expected, and I don’t see signs of stabilization in the short term.
$BTC $ETH #BTC #ETH
⚠️ This is not investment advice.
#ETH📉24h-2.10%
ETH at $2,309.19 couldn’t hold on—the price shed $44M in just 24 hours, and this sell-off is even more intense than expected.
📊 1️⃣ Key levels: Support below $2,200 didn’t hold. If this level gives way, a drop to $2,150 is likely. 2️⃣ Fund flows: ETH liquidation data shows big players are aggressively reducing their positions. 3️⃣ Historical comparison: The last time we saw such a rapid drop was in May, when institutions sold off in force.
💡 I don’t think this is just profit-taking; it looks more like someone is quietly buying the dip. That said, BTC at $80K isn’t doing much better, with the $79.5K support being tested repeatedly. Honestly, this correction has been deeper than I expected, and I don’t see signs of stabilization in the short term.
$BTC $ETH #BTC #ETH
⚠️ This is not investment advice.
#ETH📉24h-2.10%
