âđ ETH Market Update: Major Dip!
âEthereum (ETH) is showing a significant bearish trend today, currently trading at $2,542.01 with a sharp -7.49% drop.
âTechnical Highlights:
âPrice Action: ETH fell from a 24h high of $2,761.46 to a low of $2,510.01.
âIndicators: The price is trading well below the MA(7), MA(25), and MA(99) lines, indicating strong downward momentum.
âMACD: The MACD shows a deep negative crossover (-9.85), suggesting that sellers are currently in control.
âVolume: There was a massive spike in selling volume during the recent crash.
âWhatâs next? Will $2,500 hold as strong support, or are we heading lower? Share your strategy in the comments! đ
â#ETH #Ethereum #cryptotrading #BinanceSquare #MarketAnalysis