Degen

Welp, let's get a lil lay of the ETH land before the xmas break

Weekly (left): 21w EMA held. 50w & 20w support lines sit below, at $3080 and $2910 (and rising).

Daily (right) a bit more grim; 20d/21d EMA and 50d all fell very fast. 100d & 200d are sitting around $3k.

So, most support lines are clustered around $3k; always a positive to have those lines, but I think altcoins would nuke hard if ETH found itself testing those levels.

Brighter side: Daily RSI has nicely reset, while the weekly has had a decent pullback too. 

Worth remembering Jan '21 was a bloodbath for BTC, nuking 33% or so within 2 weeks before running off to $64k. 

It was the 50d which caught BTC in '21.. which is exactly where we are right now. Worst of it may be behind us, inshallah. Failing that, we've the 100d at $80k or so 💀 

Happy Christmas (or other holiday/not Christmas if you don't celebrate) all, get yourselves r&r'd - the 2025 grind is ahead!

e/acc || Building @ /nova || Catgirl maxi @ /imgnai || Dogecoin core dev 2013/14

Appreciate the analysis, legend! 50 $degen

Developer/Builder.
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Based mmfer.

We do some music enjoying. We play some basketball. We degen with the homies.