🚨 ETHEREUM ALERT: Is the $2,000 Floor About to Crack? 📉💀
While everyone was watching Bitcoin, $ETH
just suffered one of its biggest weekly drawdowns of the year. We are officially in the "Extreme Fear" zone, and Ethereum is fighting for its life at the $2,100 support level.
The Brutal Reality:
ETF Exodus: Institutional outflows from Ethereum ETFs are picking up. The "Big Money" is rotating out of risk. 🏦💨
Liquidations Galore: Over the last few days, long positions have been vaporized. The 40x leverage "moon boys" are officially wiped out.
Technicals are Screaming: ETH is trading below all major EMAs (50, 100, 200). Historically, if we don't reclaim $2,450 soon, the next stop could be a painful trip to $1,800.
The Contrarian View:
Vitalik and the devs are still building, and the Layer 2 ecosystem is reaching record activity. Is this a "Dead Cat Bounce" or the ultimate generational buying opportunity? 💎🙌
MY STRATEGY:
I’m sitting on my hands until I see a bullish RSI divergence. I’m not catching a falling knife, but I have my buy orders set at $1,950 just in case.
POLL TIME: What’s your move?
1️⃣ BULLISH: Buy the dip, $3k is coming! 🚀
2️⃣ BEARISH: Stay away, $1,800 is next. 📉
3️⃣ HODL: I'm down 30%, I'm just waiting it out. 😭
Drop a "YES" if you're still bullish on $ETH long-term! 👇