Ethereum Support Crucial for Market Movement
8/2/2024 12:30:01 PM
![Ethereum Support Crucial for Market Movement](https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg)
According to @CryptoMichNL, Ethereum is currently holding onto a crucial support level. If this support is lost, Bitcoin is expected to test $60,000, and Ethereum could drop below $2,800, marking a significant correction. However, if Ethereum maintains this support and the market rotates upward, a bullish trend could ensue. (Source)
Bitcoin Ethereum correction support level