🔥 $ETH -8% in a day.

$ETH: 2 427 → 2 231

Day low: 2 206

24h volume: 906 million USDT

And not long ago, it was at 2 807. That means $ETH is already down 20% from its high.

And that’s with $BTC down just 6%, while — $ETH is down 8%. Altcoins always fall harder.

What the chart shows:

After pumping to 2 807, it plunged sharply without a bounce. The price is now hovering at 2 231, the last support before 2 200.

Break 2,200 — next 2,013

Reclaim 2,300 — then we can talk about a bounce to 2,427.

My takeaway: $ETH is weaker than $BTC right now. Until $BTC holds $75K, $ETH won't turn around on its own.

What are you doing with $ETH?

1 — Buying more at 2,200

2 — Waiting for 2,000

3 — I'm out, watching from the sidelines

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