$ETH is at $2,046, down about 0.5% today, and it's sitting right on the day's low at $2,036. It's been a rough week — ETH is down more than 15% in seven days.
Here's the twist though. RSI is at 29.5, deep in oversold territory, and a whale just sold 6,532 ETH at $2,085 and ate a $3.1M loss. That kind of capitulation is usually what bottoms are made of — but the big money hasn't turned yet. BlackRock's ETHA saw $129.8M walk out yesterday, and spot ETH ETFs have now bled four sessions in a row.
$BTC is flat around $74,000, so ETH has to save itself here. If $2,036 breaks, $2,000 is the next line in the sand. If it holds, the first reclaim is $2,082, then $2,090.
Do you think $2,036 holds, or does ETH test $2,000 next?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
Here's the twist though. RSI is at 29.5, deep in oversold territory, and a whale just sold 6,532 ETH at $2,085 and ate a $3.1M loss. That kind of capitulation is usually what bottoms are made of — but the big money hasn't turned yet. BlackRock's ETHA saw $129.8M walk out yesterday, and spot ETH ETFs have now bled four sessions in a row.
$BTC is flat around $74,000, so ETH has to save itself here. If $2,036 breaks, $2,000 is the next line in the sand. If it holds, the first reclaim is $2,082, then $2,090.
Do you think $2,036 holds, or does ETH test $2,000 next?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
