While everyone is busy watching Bitcoin struggle, Ethereum silently committed a massive technical sin today. $ETH officially plunged below the psychological $2,000 baseline, triggering over $67 million in ETF outflows.

This breakdown completely alters the short-term structure. With the 200-day moving average shattered, the path down to the macro demand zone near $1,850 is wide open. Chasing a bounce here feels like catching a falling knife until the selling volume definitively dries up. Keep those stables ready. 🛡️🐻

#Ethereum #ETH #TechnicalAnalysis #Binance2026

ETH
ETHUSDT
2,016.87
-2.09%