Ethereum Breaks Below Key Support Level
Market data shows Ethereum has dropped below the critical $2,100 psychological level, currently trading at $2,097.76.
Short-Term Volatility Risk Increases
Despite a slight 1.08% gain over the past 24 hours, price volatility has significantly increased, prompting cautious market sentiment.
- Monitor key support levels closely
- Set reasonable stop-loss ranges
- Avoid heavy positions during high volatility periods
In the current market environment, prudent position sizing and implementing risk management strategies are particularly important.