$170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?
ETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.
CryptoPotato·
The altcoin's market cap exceeded $1 billion.
Read full articleETH price hangs in the balance as a fresh wave of liquidations pressure the altcoin and spillover from Bitcoin’s struggles to hold $62,000 impact investor sentiment.
The largest altcoin, Ethereum (ETH), has slipped below its 200-hour Simple Moving Average (SMA). The break below this level suggests that bullish momentum is fading and that sellers are gaining greater control of the market. On the 1-hour chart, it recently lost support near the $1,720 region before falling to
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