You are viewing a single comment's thread from:

RE: LeoThread 2024-08-03 14:20

in LeoFinance4 months ago

$ETH is back under $3000! That was a psychological level for Ethereum for quite some. Long-term investors win... and that goes for everything. #Ethereum #cent
https://img.inleo.io/DQmbDBnU2fm8wGvupYjXVLSAzDCr6uvasTj2Z7hdBBfKuBw/Untitled%20design%20(36).jpg

Sort:  

How low will it go down?

It could very well bounce around depending on what happens regarding TradFi. However, if it loses support it could drop as low as $2400 to $2500. I guess an ideal situation is a bounce from here or possibly the higher end of the $2800 level.

The market is waking up to the fact that the economy does suck, contrary to what the brainiacs were saying.

Of course, markets turn quickly, much faster than the economy.

#crypto is still risk off.

Yep, TradFi has been a potential problem looming in the background. The background is now coming to the foreground. Amazon losing 10% in a day is massive...

Yes. Chips got crushed.