ETH is falling harder than its big brother today: currently at $2,225, down 8.15% in 24 hours, while BTC is down just 5.97%.
It dipped as low as $2,206 intraday, its lowest in nearly 10 weeks, and the $2,400 level is gone. The 200-day moving average at $2,315 and the 50-day moving average at $2,397 are both hanging overhead. The RSI is only 39, ETH is already down 17% over the past 30 days, and it’s still 55% below its all-time high of $4,946.
Tonight’s 9:30 p.m. nonfarm payrolls report is the next key moment. Once the data is out, ETH either reclaims the moving averages—or even $2,225 won’t hold.
A: $2,225 is the bottom; below the moving averages is a golden buying opportunity
B: The moving averages are all overhead; sell into the rebound and get out
$ETH $BTC $SOL
#以太坊 #非农 #BuyTheDip
It dipped as low as $2,206 intraday, its lowest in nearly 10 weeks, and the $2,400 level is gone. The 200-day moving average at $2,315 and the 50-day moving average at $2,397 are both hanging overhead. The RSI is only 39, ETH is already down 17% over the past 30 days, and it’s still 55% below its all-time high of $4,946.
Tonight’s 9:30 p.m. nonfarm payrolls report is the next key moment. Once the data is out, ETH either reclaims the moving averages—or even $2,225 won’t hold.
A: $2,225 is the bottom; below the moving averages is a golden buying opportunity
B: The moving averages are all overhead; sell into the rebound and get out
$ETH $BTC $SOL
#以太坊 #非农 #BuyTheDip