ETH — $2,004
Honestly $ETH is the one keeping me up at night.
$2,000 is holding, but just barely. We're 27% below the 200 EMA, which is a gap that doesn't close quickly. Every bounce since February has been sold into. The $2,200–$2,450 zone is packed with people looking to exit.
ETH
2,102.3
+1.74%
I'm not touching ETH long until I see a convincing close above $2,200 with volume behind it. Until then, every bounce looks like a trap to me.
If $2,000 breaks, I think $1,850 is next and that's the trendline. Lose that and it gets ugly fast.