🔥 ETH breaks below 2100! Would you dare go long with 10x leverage?
ETH spot price currently quoted at 2,084.37, down -3.29% in 24h, touching a low of 2,049, with volume expanding to 81,500 ETH. MA5/MA10 have already crossed bearishly with resistance, EMA showing bearish alignment, KDJ also flattening at low levels. Short-term key support level at 2050, if it doesn't hold, the next target could be the 2000 mark.
Although the market is weak, the US CFTC just released pilot signals for crypto collateral, which is a step toward regulatory compliance in the long term. At this position, the cost-performance ratio of left-side mean reversion trades is improving, but keep positions light, never go all-in with leverage.
Also, primary market sentiment has warmed up recently, and the community-governed puppies consensus is quite strong, already listed on Sesame Alpha, ending in eb2. If interested, check it out yourself, pay attention to risks, don't get carried away.
🔥 ETH breaks below 2100! Would you dare go long with 10x leverage?
ETH spot price currently quoted at 2,084.37, down -3.29% in 24h, touching a low of 2,049, with volume expanding to 81,500 ETH.
MA5/MA10 have already crossed bearishly with resistance, EMA showing bearish alignment, KDJ also flattening at low levels.
Short-term key support level at 2050, if it doesn't hold, the next target could be the 2000 mark.
Although the market is weak, the US CFTC just released pilot signals for crypto collateral, which is a step toward regulatory compliance in the long term.
At this position, the cost-performance ratio of left-side mean reversion trades is improving, but keep positions light, never go all-in with leverage.
Also, primary market sentiment has warmed up recently, and the community-governed puppies consensus is quite strong,
already listed on Sesame Alpha, ending in eb2.
If interested, check it out yourself, pay attention to risks, don't get carried away.
The colder the market, the more you need to maintain composure. Hold through this wave, a rebound isn't far off.
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