ETH breaks below its 200-day moving average, while Vitalik talks about “store of value”—the narrative and price are at odds ⚔️
📉 Data (CoinGecko/CoinDesk/CMC):
• $ETH around 2,123, down 4.9% in 24h; Sunday’s close fell below the 200-day moving average for the first time since August
• ETH/BTC closed at 0.02844, its lowest since July 12; breakout attempt failed
• About 1.16 billion in liquidations across the market in 24h, including roughly 500 million in ETH longs
• Fear & Greed Index: 29
🧠 The narrative: On Sunday, Vitalik suggested ETH should be valued as a “store of value” rather than for “burning transaction fees,” sparking a heated community debate.
🐋 Meanwhile: Bitmine bought another 9,587 ETH, bringing its holdings to 6.07 million ETH, or 4.97% of the total supply; whales are also buying around $2,106.
📍 Key levels: 2,100 is the short-term line in the sand; if it breaks, watch 1,970. Above, 2,200–2,320 is the 200-day moving average resistance zone.
👉 Which side are you on: will ETH hold 2,100 and bounce, or drop to 1,970? Join the discussion in the comments 👇
$ETH $BTC
#以太坊 #加密市场 #Vitalik
Personal opinion only; not investment advice
📉 Data (CoinGecko/CoinDesk/CMC):
• $ETH around 2,123, down 4.9% in 24h; Sunday’s close fell below the 200-day moving average for the first time since August
• ETH/BTC closed at 0.02844, its lowest since July 12; breakout attempt failed
• About 1.16 billion in liquidations across the market in 24h, including roughly 500 million in ETH longs
• Fear & Greed Index: 29
🧠 The narrative: On Sunday, Vitalik suggested ETH should be valued as a “store of value” rather than for “burning transaction fees,” sparking a heated community debate.
🐋 Meanwhile: Bitmine bought another 9,587 ETH, bringing its holdings to 6.07 million ETH, or 4.97% of the total supply; whales are also buying around $2,106.
📍 Key levels: 2,100 is the short-term line in the sand; if it breaks, watch 1,970. Above, 2,200–2,320 is the 200-day moving average resistance zone.
👉 Which side are you on: will ETH hold 2,100 and bounce, or drop to 1,970? Join the discussion in the comments 👇
$ETH $BTC
#以太坊 #加密市场 #Vitalik
Personal opinion only; not investment advice
