ETH is plunging more than BTC! Let's see if we should buy in at this time or not? 👇
🪙 Current price: ~$3,444 📉 Decrease of ~2.5% compared to yesterday 💣 ETH drops deeper than BTC due to selling pressure from whales and market-wide concerns in the crypto space.
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🔎 Technical analysis: • Important support zone: ~$3,400 • Short-term resistance: ~$3,739 • RSI is showing an oversold area → possibility of a slight rebound.
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🔥 Special on-chain: • 12 large wallets purchased ~800,000 ETH (~2.85 billion USD). => Signals show that the organization is still accumulating when the price falls!
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📌 Short-term scenario: ✅ If ETH holds at $3,400 → the possibility to bounce back to $3,739 – $3,800 ❌ If you lose $3,400 → it's easy to drop to $3,200
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🎯 Strategy: • Who wants to surf: can watch the area ~$3,400 – $3,450 to buy a little, stoploss $3,300 • Long-term investors: Continue to accumulate when the price goes deeper. The ETH ETF is still attracting a lot of capital!
⸻
💬 Do you think ETH will drop to $3,000 or rise back to $4,000 first? Let's comment our predictions! 🔮
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GateUser-70674905
· 08-03 16:23
❗New Collection❗
Selling out fast.. Buy before it's gone... Only 21 left🤑🤑
https://www.gate.com/nft/collection/21286/Spronge-Man
📉 [ETHEREUM ANALYSIS 3/8]
ETH is plunging more than BTC! Let's see if we should buy in at this time or not? 👇
🪙 Current price: ~$3,444
📉 Decrease of ~2.5% compared to yesterday
💣 ETH drops deeper than BTC due to selling pressure from whales and market-wide concerns in the crypto space.
⸻
🔎 Technical analysis:
• Important support zone: ~$3,400
• Short-term resistance: ~$3,739
• RSI is showing an oversold area → possibility of a slight rebound.
⸻
🔥 Special on-chain:
• 12 large wallets purchased ~800,000 ETH (~2.85 billion USD).
=> Signals show that the organization is still accumulating when the price falls!
⸻
📌 Short-term scenario:
✅ If ETH holds at $3,400 → the possibility to bounce back to $3,739 – $3,800
❌ If you lose $3,400 → it's easy to drop to $3,200
⸻
🎯 Strategy:
• Who wants to surf: can watch the area ~$3,400 – $3,450 to buy a little, stoploss $3,300
• Long-term investors: Continue to accumulate when the price goes deeper. The ETH ETF is still attracting a lot of capital!
⸻
💬 Do you think ETH will drop to $3,000 or rise back to $4,000 first?
Let's comment our predictions! 🔮
#ETH #CandyDrop Airdrop Event 6.0 #Join Alpha RION Airdrop to Earn $40 #White House Crypto Report