VIP MARKET UPDATE: $ETH From a weekly high of $2,400 to a current price of $2,120 (and a printed mid term lower low at $2,050) ETH has become one of the biggest losers in the market for the last 48 hours.
Even though we expect a bounce soon, price action is showing us otherwise, intensifying selling intentions and pushing short term bulls our of the market.
As long as our previous lows at $1,700 remain untouched, we remain bullish long term.
Just remember to be extremely cautious with chop, specially now that we're about to enter our weekend trading hours once again.
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Binance Killers
