Bk_2.0
Bk_2.0
Part time analyst _Full time trader ๐ฉ
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$ETH Market Analysis
Current price of $ETH is $2133.8, with a bearish moving average setup, trend under pressure, time to exit on any bounce!
MA99 at $2154.3 has been broken, short-term outlook looks bleak!
24h change +0.38%, volume at 495M USDT, noticeable decline in volume.
EP (Entry Price): $2123.1โ$2155.1 | SL (Stop Loss): $2197.8
TP (Target Price): $2069.7 / $2005.7 | Risk-Reward Ratio 1:1.6
Be cautious on chasing highs, exit on any bounce!
Don't hold on too tight, better to cut losses.
BREAKING ๐จ
Mark Cuban criticizes Bitcoin as a safe-haven asset, citing poor performance.
Bitcoin's value has been called into question, with Cuban selling most of his holdings and gold outperforming during global tensions ๐.
Market outlook appears uncertain, with analysts warning of a potential downturn to $71K if support breaks โ ๏ธ.