🚨 Market Update 🚨

$ETH has taken a sharp hit, leaving many traders on edge.

This type of move is often caused by liquidations and panic selling, but it's not necessarily a sign that the trend is ending.

Possible Outcomes:

If ETH holds the support zone between 2,820–2,850, a short-term recovery could be in the cards. Buyers stepping in might push prices back to 2,950 → 3,050.

On the other hand, if ETH drops below 2,800 cleanly, more downside is possible, potentially reaching 2,650–2,600 before any significant rebound.

The Bottom Line:

This isn't a buying or selling frenzy.
Avoid making impulsive decisions based on emotions.