Why $ETH Is Struggling at $1771 (And the Exact Levels to Watch)
Ethereum is taking a serious hit down to $1770.80, shedding over eight percent as heavy selling dominates the session. With price sitting well below the twenty moving average at $1856 and the fifty moving average at $1911, bears remain firmly in control of the trend. The fourteen RSI is deeply depressed at 20.3, flashing extreme oversold conditions alongside Aptos dropping sixteen percent to $0.4489 with an RSI of 17.3. While this panic looks tempting, falling knives demand patience. Watch the $1729 daily low to hold, because any loss of that floor opens the door for accelerated downside momentum.
Is this dip an obvious buying opportunity to you, or does price action still feel too heavy?
$ETH $APT #Bitcoin #CryptoMarket #TradingView
Ethereum is taking a serious hit down to $1770.80, shedding over eight percent as heavy selling dominates the session. With price sitting well below the twenty moving average at $1856 and the fifty moving average at $1911, bears remain firmly in control of the trend. The fourteen RSI is deeply depressed at 20.3, flashing extreme oversold conditions alongside Aptos dropping sixteen percent to $0.4489 with an RSI of 17.3. While this panic looks tempting, falling knives demand patience. Watch the $1729 daily low to hold, because any loss of that floor opens the door for accelerated downside momentum.
Is this dip an obvious buying opportunity to you, or does price action still feel too heavy?
$ETH $APT #Bitcoin #CryptoMarket #TradingView
