crypto

The horror show continues. $ETH is now decisively below its 300w MA for the first time in history.

For context, the FTX crash saw $ETH briefly hit the 300w MA, before bouncing with a +130% move to the upside.

Seeing a lot of people with ultra-bearish buy targets on $ETH, making me think the bottom is close.

e/acc || Building @ /imgn || Dogecoin core dev 2013/14

it's not the bottom until all hope is lost

I think most hope was lost around $2,500 tbh

seems that was the starting point of the last rally