Price is sitting at $1,921, down about 2.32% recently. If you look at the averages, the 7-day average is above the current price, meaning sellers are in control for now. The 25-day and 99-day averages are way higher, showing the overall trend has been down for a while.
Trading volume is also low, which means not many people are jumping in to buy the dip. If the price drops below $1,921, the next stop could be $1,736.
Not a good time to FOMO. Better to wait and watch how the market reacts at these levels. Patience is key! 🙏$ETH
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