Ethereum Breaks Below $3,000, Triggering a Wave of Liquidations
Ethereum falls below $3,000, triggering $148M in liquidations. Learn how technical breakdowns, deleveraging, and key support levels may shape ETH’s next move.
Ethereum falls below $3,000, triggering $148M in liquidations. Learn how technical breakdowns, deleveraging, and key support levels may shape ETH’s next move.
Bitcoin’s (BTC) rally stalled after reaching an intraday high of $93,080. The flagship cryptocurrency has struggled to regain momentum and fell to an eight-month low of $99,483 on Wednesday.
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Bitcoin (BTC) slumped below $90,000 for the first time in seven months on Tuesday, falling to a low of $89,183 before recovering to settle at $93,914. The flagship cryptocurrency is back in the red during the ongoing session, down nearly 2% at $91,368.
Cardano trades below key moving averages after breaking major support. Oversold signals appear, but weak liquidity and bearish momentum raise concerns about how long the downtrend may continue.
Ethereum is currently trapped within a Descending Channel, suggesting further downward pressure in the near term. This price outlook for ETH, including key levels to watch, is provided by Outset PR.
Bitcoin (BTC) slipped below $90,000 for the first time in seven months as it plunged to an intraday low of $89,183 on Tuesday before reclaiming $90,000 and moving to $91,413.