Ethereum Tumbles Below $3K—Can Bulls Regain Control?
Ethereum's price just got sucker-punched—again. The $3,000 support level crumbled as bullish momentum evaporated, leaving traders scrambling.
What’s next for ETH?
Technical indicators scream 'oversold,' but the market’s playing hardball. Shorts are piling on, and leveraged longs are getting liquidated faster than a crypto startup’s runway. Classic.
Key levels to watch: A clean break below $2,950 could trigger algorithmic sell avalanches. Meanwhile, reclaiming $3,100 might lure back sidelined capital—if the bulls remember how to charge.
Fun fact: This dip puts ETH’s 2025 ROI roughly on par with a savings account. Progress!