Ethereum is falling almost three times as fast as Bitcoin today — and that tells you something. 😶
$ETH is at $2,113, down 5.4% in 24h.
$BTC is down 2.0% at $74,316.
Early Monday ETH flushed to $2,060, its lowest since August. It bounced to $2,168, but the bounce faded — now it's drifting back toward that low.
The levels:
• Support: $2,060 — the early-Monday low
• Resistance: $2,150–$2,170 — where the bounce topped out
• Below $2,060, there's not much recent history to lean on
ETH is the one traders watch when risk appetite breaks. When it falls three times as fast as BTC, the market is nervous, not just red.
US inflation data (CPI) lands tomorrow. That could decide whether $2,060 holds or breaks.
Do you think ETH holds $2,060 this week?
#ETH #Ethereum #Crypto
Not financial advice.
$ETH is at $2,113, down 5.4% in 24h.
$BTC is down 2.0% at $74,316.
Early Monday ETH flushed to $2,060, its lowest since August. It bounced to $2,168, but the bounce faded — now it's drifting back toward that low.
The levels:
• Support: $2,060 — the early-Monday low
• Resistance: $2,150–$2,170 — where the bounce topped out
• Below $2,060, there's not much recent history to lean on
ETH is the one traders watch when risk appetite breaks. When it falls three times as fast as BTC, the market is nervous, not just red.
US inflation data (CPI) lands tomorrow. That could decide whether $2,060 holds or breaks.
Do you think ETH holds $2,060 this week?
#ETH #Ethereum #Crypto
Not financial advice.