eth is bleeding harder than btc this morning and i think thats the more interesting chart today
$BTC slipped back toward the round number it reclaimed yesterday, but $ETH dropped almost twice as much on the day. when the market gets nervous people dump the second horse first, that has always been the pattern
my take, this isnt a broken trend. no headline behind it, just a slow overnight bleed on thin volume. the level im watching on eth is 2.3k, it got defended earlier this week and price is sitting right above it again
if that floor holds this is a zone id rather be buying than selling, if it cracks i wait for btc to show its hand first
does eth defend 2.3k today, or do we need one more flush before it turns ?
$BTC slipped back toward the round number it reclaimed yesterday, but $ETH dropped almost twice as much on the day. when the market gets nervous people dump the second horse first, that has always been the pattern
my take, this isnt a broken trend. no headline behind it, just a slow overnight bleed on thin volume. the level im watching on eth is 2.3k, it got defended earlier this week and price is sitting right above it again
if that floor holds this is a zone id rather be buying than selling, if it cracks i wait for btc to show its hand first
does eth defend 2.3k today, or do we need one more flush before it turns ?
