🚨 MegaETH cuts 20% staff – $ETH at a crossroads?
🚨 MegaETH just slashed 20% of its workforce – is Ethereum’s future at risk or about to get a boost?
The parent announced a massive layoff to fund an AI‑driven scaling roadmap. With dev resources trimmed, $ETH could see faster protocol upgrades—or a slowdown if talent drains.
📊 Market reaction
• $ETH slides 5% to $1,805.86, testing the $1,770 support line.
• $BTC holds near $64,700, acting as a short‑term anchor.
• Resistance sits at $1,880; a break could spark a rebound.
⚡️ Risk/reward: $1,770 support offers a potential entry; a dip below $1,750 may trigger further downside.
Bullish long‑term or short‑term noise? Share your thoughts below 👇
$ETH $BTC #Crypto #Ethereum #Trading
🚨 MegaETH just slashed 20% of its workforce – is Ethereum’s future at risk or about to get a boost?
The parent announced a massive layoff to fund an AI‑driven scaling roadmap. With dev resources trimmed, $ETH could see faster protocol upgrades—or a slowdown if talent drains.
📊 Market reaction
• $ETH slides 5% to $1,805.86, testing the $1,770 support line.
• $BTC holds near $64,700, acting as a short‑term anchor.
• Resistance sits at $1,880; a break could spark a rebound.
⚡️ Risk/reward: $1,770 support offers a potential entry; a dip below $1,750 may trigger further downside.
Bullish long‑term or short‑term noise? Share your thoughts below 👇
$ETH $BTC #Crypto #Ethereum #Trading
