🚨 ETHEREUM LOSES $2,300: Is This the Final Flush or Just the Beginning? 🚨
#EthereumDropsBelow2300 $ETH The altcoin king just lost one of its most watched levels, and traders are nervous 👇
$ETH is now trading around $2,314 after touching a low near $2,294.
The $2,300 zone was a psychological floor, so this break matters.
The biggest pressure is coming from institutions.
Spot ETH ETFs have reportedly seen over $485M in outflows across several days.
When big money steps back, buyers lose their strongest support.
On the weekly chart the picture looks weak.
ETH has slipped under its MA(7) near $2,520, and it is only hovering above its MA(25) near $2,140.
That is nearly a 15% drop in four weeks, and it has fallen faster than $BTC.
Not everything is bearish, though.
Bitmine just added 10,452 ETH, which shows some big players still see value at these prices.
📌 What to watch next:
Bulls need to reclaim $2,350 to flip the trend back in their favor.
If they fail, the next major support sits near $2,140.
With FOMC in focus, sudden volatility is possible, so risk management matters more than ever.
Are you buying this dip or waiting for lower prices? Tell me below 👇💬
#ETH