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Ethereum is mirroring Bitcoin's bearish momentum, cascading down to the $ETH 1,964 level. The daily structure is badly damaged, with price trading far below the 20-day moving average.
ETH is currently testing a major psychological floor around 1,900. A confirmed break below this could trigger a panic sell-off, while a bounce could lead to a sharp short squeeze. Are you accumulating $ETH at these discounted prices, or waiting for a clearer bullish confirmation?
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