$ETH is feeling the pressure right now.
Ethereum just dropped to around $2,235, wiping out over 2.5% in a day. That 4H candle isn’t just red — it broke a key support level with momentum, which tells me sellers are still in control short term.
I’m watching this as a classic liquidity sweep + reaction zone setup. Price usually doesn’t just dump and reverse instantly — it hunts liquidity below support first.
Right now, I’m eyeing the $2,180–$2,200 zone as the next potential bottom area. That’s where buyers are likely to step in if this turns into a bounce.
If that level fails, then $2,120 comes into play fast.#FedRatesUnchanged #AftermathFinanceBreach #PolymarketDeniesDataBreach #CFTCWillUseAItoReviewCryptoRegistrations #BitMineIncreasesEthereumStaking
Ethereum just dropped to around $2,235, wiping out over 2.5% in a day. That 4H candle isn’t just red — it broke a key support level with momentum, which tells me sellers are still in control short term.
I’m watching this as a classic liquidity sweep + reaction zone setup. Price usually doesn’t just dump and reverse instantly — it hunts liquidity below support first.
Right now, I’m eyeing the $2,180–$2,200 zone as the next potential bottom area. That’s where buyers are likely to step in if this turns into a bounce.
If that level fails, then $2,120 comes into play fast.#FedRatesUnchanged #AftermathFinanceBreach #PolymarketDeniesDataBreach #CFTCWillUseAItoReviewCryptoRegistrations #BitMineIncreasesEthereumStaking