CyrilXBT|Mar 19, 2026 08:15
Eth is at a crossroads and not in a good way.
It fell from $4,800 all the way to $1,800.
That is not a correction. That is a reset.
The bounce we got was decent, and volume actually showed up for the first time in a while - which is the one thing giving me some hope.
But $2,400 is acting like a brick wall.
Every attempt to push through gets sold into.
And the 200 EMA sitting at $2,828 feels like a completely different universe from where price is trading right now.
ETH needs to prove itself again. Until $2,400 breaks, I'm not getting excited.(Cyril-DeFi)
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