tldr; Ethereum could decline to $2,207 if Middle East war tension escalates. The cryptocurrency is trading below the $2,595 support level as investors become cautious due to geopolitical tensions. Ethereum dropped below the $3,500 psychological level after Iran’s missile attack on Israel. Increased exchange reserves indicate higher selling pressure. Ethereum ETFs are underperforming, with net outflows recorded. The next support level to watch is $2,395, and a breach could lead to further decline.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
middlemangv on
People are dying while we are over here talking about prices going down. Yes, the world is going crazy.
3 Comments
tldr; Ethereum could decline to $2,207 if Middle East war tension escalates. The cryptocurrency is trading below the $2,595 support level as investors become cautious due to geopolitical tensions. Ethereum dropped below the $3,500 psychological level after Iran’s missile attack on Israel. Increased exchange reserves indicate higher selling pressure. Ethereum ETFs are underperforming, with net outflows recorded. The next support level to watch is $2,395, and a breach could lead to further decline.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
People are dying while we are over here talking about prices going down. Yes, the world is going crazy.
Time to ask for my McDonald’s job back.
https://i.redd.it/swezgtpefasd1.gif