$ETH ‌ Brothers, ETH has fallen nearly 3% in the past 24 hours—from $1,946 straight down to a low of $1,820! Dragged down by weakness in Asian semiconductor stocks, the market has broken key levels directly; the shorts are cutting losses with a blunt blade!



This slow grind lower has effectively put “Maji” brother on the hot seat. His long positions have been forced to cut from 16,000 ETH down to 9,600 ETH—the liquidation warning hasn’t even been lifted yet! On top of that, the spot ETF bled $28 million yesterday, and liquidity in the venue is extremely tight.
In the short term, resistance on the upside ceiling is around the 1,890–1,900 level; support on the downside floor must hold near 1,780–1,800.
ETH-3.11%
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