Ethereum Price Analysis: Will $3K Hold as ETH’s Bearish Momentum Intensifies?
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Ethereum has slipped below the $3,300 mark, indicating persistent selling pressure in this zone. While bears aren’t showing strong momentum just yet, the fact that the price declined following a major liquidation event, one that already cleared out many over-leveraged longs, raises the risk of further downside. This hints that spot sellers could now be in control, opening the door for a deeper short-term correction.
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Ethereum Price Analysis: Can ETH Maintain the Bullish Momentum After Surging to $3.2K?
Ethereum Tightens Uptrend Structure as Market Eyes Another Wave of Gains
Ethereum Price Analysis: Will $3K Hold as ETH’s Bearish Momentum Intensifies?
Share:
Ethereum has slipped below the $3,300 mark, indicating persistent selling pressure in this zone. While bears aren’t showing strong momentum just yet, the fact that the price declined following a major liquidation event, one that already cleared out many over-leveraged longs, raises the risk of further downside. This hints that spot sellers could now be in control, opening the door for a deeper short-term correction.
Technical Analysis
By Shayan
In This News
Coins
Funds
Share:
In This News
Coins
Funds
Share:
Read More
Ethereum Price Analysis: Can ETH Maintain the Bullish Momentum After Surging to $3.2K?