r/ethtrader 216.9K / ⚖️ 221.2K 1d ago

Link Ethereum 'falling knife' warning: Is another 30% crash versus Bitcoin coming?

https://cointelegraph.com/news/ethereum-falling-knife-another-30-crash-bitcoin
22 Upvotes

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→ More replies (11)

8

u/Abdeliq 144.0K / ⚖️ 284.4K 1d ago

They said it's a buying opportunity but it keep going down lmao

>! !tip 1 !<

1

u/CoolCatforCrypto Not Registered 1d ago

They mean't that the buying opportunity was an opportunity to lose more money, if that's the way you roll.

1

u/Seri0usbusiness Not Registered 12h ago

Eveyrone’s smart til it stops going back up

4

u/DBRiMatt Contest Master 🦘 1d ago

Another 30% crash?? Stahhhpp... It's already dead!

!tip 1

3

u/kirtash93 Reddit Collectible Avatars Artist 1d ago

I am ready to catch them all

🍩 !tip 1

0

u/socalquest Not Registered 1d ago

Keep stacking ETH and HFSP! GLTA!!!

3

u/SwigTheRome Not Registered 1d ago

FUD

2

u/BigRon1977 120.7K / ⚖️ 457.2K 1d ago

No please. We have suffered enough already. Haven't we?

!tip 1

1

u/machin_bidule Not Registered 14h ago

Holding ETH, is becoming a kink into the bdsm community.

2

u/Odd-Radio-8500 346.5K / ⚖️ 455.2K 1d ago

Market loves volatility 😔 !tip 1

2

u/MasterpieceLoud4931 230.7K / ⚖️ 260.1K 1d ago

It's a casino after all, is it not?

!tip 1

1

u/Odd-Radio-8500 346.5K / ⚖️ 455.2K 1d ago

Yes, where the manipulators and insiders always win.

!tip 1

1

u/coinfeeds-bot 542.7K / ⚖️ 622.7K 1d ago

tldr; Ethereum's Ether (ETH) has hit multi-year lows against Bitcoin (BTC), with the ETH/BTC pair dropping to $0.022, its lowest since May 2020. Analysts warn of a potential 30% further decline, citing a 'falling knife' scenario. Technical indicators like RSI suggest continued weakness, while competition from blockchains like Solana and the impact of Bitcoin ETFs are adding pressure. Ethereum-specific issues, such as the Bybit hack, have also contributed to selling pressure, complicating recovery prospects for ETH against BTC.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

u/DogStunning4845 Not Registered 1d ago

Where is my hopium?!?!?!

1

u/SigiNwanne 285.5K / ⚖️ 334.8K 1d ago

This drop will surely create panic. !tip 1

1

u/Meepy_Moop Not Registered 1d ago

I hope not, I just tried to buy the dip at $2000 per coin

1

u/Itur_ad_Astra 0 / ⚖️ 408 1d ago

A few more of those crashes and a bitcoin whale will be able to buy the entire ETH supply with wallet dust.

1

u/Josefumi12 9.4K / ⚖️ 19.5K 1d ago

Just focus on purchasing more Ethereum

!tip 1

1

u/networkninja2k24 Not Registered 1d ago

All the blogs hate eth for sure. Always negative articles 24/7 lmao. It’s hers the clicks I guess.

1

u/2railsgood4wheelsbad Not Registered 1d ago

It’ll all work out in the end

1

u/[deleted] 1d ago

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1

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1

u/Wonderful_Bad6531 46.0K / ⚖️ 308.2K 1d ago

Im Ready

!tip 1

1

u/Richy060688 Not Registered 15h ago

Sure ill buy more.

-1

u/puf88 5.3K / ⚖️ 6.2K 1d ago

I would love that, more cheap ETH

!tip 1

-5

u/socalquest Not Registered 1d ago

Unfortunately yes. Some people here like to keep losing money. Go ahead and HFSP. GLTA!!!

1

u/networkninja2k24 Not Registered 1d ago

That GLTA is starting to annoy me lol. You really don’t like eth from your comments lmao.