đ $ETH SLIPS BELOW $3,100! Consolidating or Correcting?
Ethereum is feeling the pressure! The price has dipped just below the crucial $3,100 USDT mark, showing only a narrow 0.67% increase over the last 24 hours. Momentum is clearly slowing down! đ
What's the Deal? đ¤
Macro Jitters: The overall market sentiment is cautious. $BTC is struggling to break out, and this risk-off sentiment always hits Altcoins harder. đ
Key Support Watch: $3,100 was a significant support zone. Trading below it signals weakness. Bulls need a quick reversal to hold the line, or we could see a retest of lower supports (like the $3,000 zone!). đŹ
ETF Flow Impact:Â Institutional money flows (especially from Spot Ethereum ETFs) are being closely watched. Any
significant negative flow right now will add selling pressure. đ¸
The question is: Is this just a healthy shakeout before the next leg up, or is this the start of a deeper correction? Traders are on high alert! đ¨
Are you buying this dip or waiting for a clearer trend? đ