ETH was rejected again at $2,420. With $BTC BTC surging, ETH’s relative weakness could be an early sign of a larger correction.
On top of that, there’s chatter that OG ETH whales may be preparing to sell hundreds of millions of dollars worth—adding even more selling pressure.
If this continues, I expect a retest of the $2,000 area, possibly even $1,800.
Because of that, FOMO right now is risky—please manage your risk carefully. $ETH
$ETH ETH is currently trading at $2,119.82, down about 3.0% over the last 24 hours (24h high $2,198.14, low $2,091.48).
ETH
1,983.02
-1.64%