📉 ETHEREUM AT THE EDGE: Is $1,750 the Ultimate Bottom? 🛡️
The crypto market is facing a "Liquidity Crisis" today! $ETH just hit a multi-month low at $1,750, wiping out months of gains in a single week. While everyone is in panic mode, let's look at the cold hard facts.
What’s happening with ETH?
Exchange Inflow Spike: Transfers to exchanges surged by 50% today, suggesting that traders are still looking to sell the bounces.
The "Death Cross" Threat: On the daily chart, we are seeing a bearish structure that might test the $1,500 psychological support if we don't recover $2,100 soon.
Institutional Exit: Large holders are re-evaluating their treasuries, adding more "Sell Pressure" to the order books.
My Strategy:
I’m NOT buying the "market orders" right now. I’m setting limit orders near the $1,700 - $1,750 zone with a very tight Stop Loss. The risk/reward is high, but the volatility is even higher! ⚠️
What are you doing?
🟢 Buying the Blood: Thinking this is the generational bottom.
🔴 Waiting: Expecting a drop to $1,500.
Drop your targets below! 👇
(Click the $ETH tag to check the live order book and set your strategy!)
$BTC