🛑 Stop! Read this before you trade$ETH today.
The market is bleeding, and $ETH just dropped nearly 8% this week. Before you "Buy the Dip," look at the facts:
Macro Pressure: The Bank of Japan just raised rates, which is causing global investors to sell "risky" assets like crypto.
Trend: ETH is trading below its 50-day and 200-day Moving Averages. This is a "Strong Sell" signal on technical indicators.
Liquidation Risk: Over $140 million in long positions were wiped out recently. Don't use high leverage right now!.
My Advice: If you are a long-term holder, this is just a discount. If you are a trader, wait for a green confirmation candle above $3,000 before entry.
Who is still HODLing? 💎
#CryptoTips #RiskManagement #ETH #EthereumUpdate
