Ethereum under $2K: ETH whales sell as retail remains bullish

ETH's price has entered a decisive breakdown stage of its prevailing technical pattern, indicating further declines toward $1,750 despite strong retail sentiment.

Ethereum's native token, Ether (ETH), slipped below $2,000 for the first time since March, but retail traders have not reacted with panic yet.

Key takeaways:

As of Thursday, "buy the dip" calls on social media were surging after ETH lost the key psychological support level, according to data resource Santiment.

Read more