Post
Jutt traders40
🚨 $ETH drops below $2,100, falling nearly 5% in 24 hours to around $2,027.
What's driving the sell-off?
🔴 Heavy ETH ETF outflows are weakening institutional demand.
🔴 Weak macro sentiment and over $460M in liquidations are adding pressure.
🔴 Lower network fees and reduced ETH burning are weakening the deflation narrative.
Key levels to watch: 📉 $2,000 is the major psychological support. ⚠️ A sustained break below it could open the door to further downside.
#USCPIAboveExpectations
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$67,587.3-0.02%
ETH/USDTEthereum
$1,909.6-0.01%
SOL/USDTSolana
$76.02-0.05%
Today’s market buzz
1#NVIDIA contacts Arm CEO Haas, internally predicting new CEO candidate
Hot
2#US October PPI year-on-year 6.5% below expectations
3#Anthropic launches IPO roadshow, valuation rebounds to $1.8 trillion
