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$ETH.D — Losing the 100 SMA on the daily could put serious pressure on the $2,200 support, raising the risk of a breakdown.


Previously, ETH held up even below the 100 SMA, but now that it’s reclaimed it, the market expects continuation. If that momentum fails, disappointment could quickly flip into selling pressure.
That’s sentiment playing out through technicals.
ETH-0,33%
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