Sakeeynarh🎩🎭🍄Ⓜ️
@sakeeynarh
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"Night's Soft Whisper"
The stars appear, like diamonds bright
A canopy of light, in the dark of night
The world is hushed, in a peaceful sleep
As the moon's soft beams, our souls do keep
The night air whispers, a gentle tone
A lullaby of shadows, all its own
The darkness reigns, with a soothing might
And fills our hearts, with a quiet delight
So let the night, envelop you in its fold
And may its soft whisper, your spirit enfold
May the stars up high, guide you through the night
And fill your dreams, with a gentle, loving light. 2 replies
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Ethereum's (ETH) price has plummeted over 20% in the past 24 hours, falling below the critical $3,000 threshold and key support levels at $2,800 and $2,650.
Key Points:
1. 20% price drop: ETH's price has fallen sharply, with $531 million liquidated in the past 24 hours.
2. Bearish momentum: ETH has broken below the 50-day and 200-day SMAs, confirming a trend shift.
3. Oversold conditions: The RSI has dipped to 28, indicating oversold conditions, which could hint at a potential relief rally.
4. Critical support levels: ETH is consolidating losses above $2,300, but the broader trend remains bearish.
What's Next?
1. Bullish scenario: If ETH reclaims $2,800 support, it could signal a reversal, with a potential target of $3,000.
2. Bearish scenario: If ETH falls below $2,400, it may trigger stop-loss orders, pushing prices toward $2,200 or lower.
3. Long-term outlook: Vitalik Buterin's 2030 vision for Ethereum outlines an ambitious roadmap, focusing on scalability, security, and decentralization. 4 replies
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