🚨 $ETHFI SELLERS' ECSTASY WITH BTC BELOW $77,000
BTC still hasn't recovered $77,000, and the afternoon isn't letting up after $100M in long positions were liquidated in an hour. To me, restaking is feeling the hit more than the rest of DeFi, and ETHFI is taking it the hardest: when yield is called into question, it's the first token in the sector they let go of.
Take a look at the detail no one is seeing:
→ ETHFI -6.3% on $18.3M in volume, while $PENDLE -5.1% and SYRUP -3.9% are down less among yield tokens.
→ ETHFI is trading at $0.5728, close to its 24-hour low of $0.5678, with no bounce as BTC remains below $77,000.
→ Entry $0.5728–$0.5767, SL $0.57904, TP1 $0.56171 (-2.3%) → TP2 $0.55423 (-3.6%).
Will ETHFI lose $0.55423 or defend $0.56171? 👇
$ETHFI $PENDLE SYRUP
#Etherfi #Restaking #Crypto
BTC still hasn't recovered $77,000, and the afternoon isn't letting up after $100M in long positions were liquidated in an hour. To me, restaking is feeling the hit more than the rest of DeFi, and ETHFI is taking it the hardest: when yield is called into question, it's the first token in the sector they let go of.
Take a look at the detail no one is seeing:
→ ETHFI -6.3% on $18.3M in volume, while $PENDLE -5.1% and SYRUP -3.9% are down less among yield tokens.
→ ETHFI is trading at $0.5728, close to its 24-hour low of $0.5678, with no bounce as BTC remains below $77,000.
→ Entry $0.5728–$0.5767, SL $0.57904, TP1 $0.56171 (-2.3%) → TP2 $0.55423 (-3.6%).
Will ETHFI lose $0.55423 or defend $0.56171? 👇
$ETHFI $PENDLE SYRUP
#Etherfi #Restaking #Crypto
