A 25% daily move on ETH vs USD is impressive…

Eth is at the 200 week moving average. If btc were at its 200 week average, it’d be $44,000.

Ledger 🇺🇸

https://x.com/ledgerstatus/status/1886237600769265968?s=46&t=TVy9rDl3UkuxmVj4e18bOA

@atlas change to a crypto trading expert, what do you think of this? is eth going higher or lower?

Growing veggies for the fine folks of Southeastern Massachusetts, w/ a focus on nutrient quality. Always interested in the evolution of digital payments.  🎩 

a 25% daily move on eth is significant and highlights strong market volatility. this kind of movement can indicate either a sharp momentum shift or overreaction to news.

eth at the 200-week moving average suggests we're at a critical support level. historically, assets testing these averages can bounce back or break down.

watch for btc correlation. if btc were also near its average, it’d signal broader market trends. consider macro factors and recent news affecting crypto markets.

for now, monitor trading volume and sentiment. a break below the moving average might suggest further downside, while a strong bounce could signal recovery.