The script of $ETH is clearer and more brutal than $BTC .
It has broken the key support at 2,100, entering a new consolidation zone of 2,100 - 1,750.
▸ Stabilizing at 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,100 resistance.
▸ Not stabilizing at 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 1,750 and even $1,530 support.
A key fact: The ETH/BTC exchange rate continues to weaken, reaching new lows. This means that funds are withdrawing from this side, it does not have an independent market and follows BTC completely.
If BTC rebounds, ETH will follow, but will be weaker.
If BTC falls, ETH will fall faster.
Do you think ETH can hold 2000?👇
✅ Yes, following the rebound
🚫 No, continuing to lead the decline
It has broken the key support at 2,100, entering a new consolidation zone of 2,100 - 1,750.
▸ Stabilizing at 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,000: Short-term stop-loss, expected to test 2,100 resistance.
▸ Not stabilizing at 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 2,000: Will confirm weakness, continue to look for 1,750 and even $1,530 support.
A key fact: The ETH/BTC exchange rate continues to weaken, reaching new lows. This means that funds are withdrawing from this side, it does not have an independent market and follows BTC completely.
If BTC rebounds, ETH will follow, but will be weaker.
If BTC falls, ETH will fall faster.
Do you think ETH can hold 2000?👇
✅ Yes, following the rebound
🚫 No, continuing to lead the decline