tldr; Ethereum’s price has dropped over 11% in the past 24 hours, reaching an 8-month low of $2,172, amid massive liquidations of bullish bets and whale sell-offs. Over $757 million in leveraged positions were liquidated, with Ethereum long traders losing $213.59 million. Whale selling and institutional outflows have added to the pressure, while bearish technical patterns suggest further declines. If selling persists, Ethereum could fall below the $2,000 psychological support level. Market sentiment remains in ‚extreme fear.‘
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DBRiMatt on
Not if my extra $100 buy order can stop it!
Svv-Val on
Yes. It will. By the end of this month ETH will be worth less than $2,000. Closer to $1,500.
DryMyBottom on
well, ETH has accustomed us to everything, hasn’t it?
raj6126 on
We will never see $5k again.
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tldr; Ethereum’s price has dropped over 11% in the past 24 hours, reaching an 8-month low of $2,172, amid massive liquidations of bullish bets and whale sell-offs. Over $757 million in leveraged positions were liquidated, with Ethereum long traders losing $213.59 million. Whale selling and institutional outflows have added to the pressure, while bearish technical patterns suggest further declines. If selling persists, Ethereum could fall below the $2,000 psychological support level. Market sentiment remains in ‚extreme fear.‘
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Not if my extra $100 buy order can stop it!
Yes. It will. By the end of this month ETH will be worth less than $2,000. Closer to $1,500.
well, ETH has accustomed us to everything, hasn’t it?
We will never see $5k again.