Fear hit 13 today — and $ETH tagged $1,878 exactly, then bounced near $1,900 (Finnhub, 12:53 UTC). Our level from yesterday — for now, it held.
I watched it this morning — a tag is not a hold, only the daily close decides.
What your chart won't show: $14.2B of stablecoins left crypto in 30 days, the biggest drain since June 2022 (Glassnode). Money isn't just scared, it's leaving. Yet longs still pay +0.0038% per 8h to stay in while $291.6M liquidated in 24h, 79% longs. $BTC is under $70,000 too — not an ETH-only story.
I'm leaning cautious: RSI near 24 says oversold, but oversold keeps falling — a bounce on fear alone is a pause, not a floor.
Close above $1,878 keeps the floor alive; under it opens $1,822 and proves me wrong.
Would you trust the $1,878 tag, or wait for a daily close above $1,900 first?
Not financial advice. DYOR.
#ETH #MarketFear #CryptoTrading
I watched it this morning — a tag is not a hold, only the daily close decides.
What your chart won't show: $14.2B of stablecoins left crypto in 30 days, the biggest drain since June 2022 (Glassnode). Money isn't just scared, it's leaving. Yet longs still pay +0.0038% per 8h to stay in while $291.6M liquidated in 24h, 79% longs. $BTC is under $70,000 too — not an ETH-only story.
I'm leaning cautious: RSI near 24 says oversold, but oversold keeps falling — a bounce on fear alone is a pause, not a floor.
Close above $1,878 keeps the floor alive; under it opens $1,822 and proves me wrong.
Would you trust the $1,878 tag, or wait for a daily close above $1,900 first?
Not financial advice. DYOR.
#ETH #MarketFear #CryptoTrading
