$ETH Holding Steady Near $2,050 After Recent Drop
Hey everyone, quick update on $ETH today.
Price is sitting around $2,050–$2,065 right now. It took a hit after the hotter-than-expected CPI numbers and ongoing ETF outflows (still seeing redemptions, though smaller yesterday). The Glamsterdam upgrade is also delayed a bit while they sort out some gas-related audit concerns. Staking remains strong though, and a few big holders are still accumulating.
Feels like the market is just shaking out the weak hands. ETF selling is annoying in the short term, but the network fundamentals haven’t changed. Stakers aren’t rushing for the exits and long-term holders seem calm. I’m watching the $2,000 level closely — if we hold above it, a bounce could come pretty quickly. Staying patient. DYOR!
What do you guys think? Buying the dip or waiting?
$ETH
#ETH #Ethereum #Crypto #BinanceSquare
Hey everyone, quick update on $ETH today.
Price is sitting around $2,050–$2,065 right now. It took a hit after the hotter-than-expected CPI numbers and ongoing ETF outflows (still seeing redemptions, though smaller yesterday). The Glamsterdam upgrade is also delayed a bit while they sort out some gas-related audit concerns. Staking remains strong though, and a few big holders are still accumulating.
Feels like the market is just shaking out the weak hands. ETF selling is annoying in the short term, but the network fundamentals haven’t changed. Stakers aren’t rushing for the exits and long-term holders seem calm. I’m watching the $2,000 level closely — if we hold above it, a bounce could come pretty quickly. Staying patient. DYOR!
What do you guys think? Buying the dip or waiting?
$ETH
#ETH #Ethereum #Crypto #BinanceSquare
