ETC reaching for the stars, but meeting resistance! 🌌📉
Ethereum Classic (ETC) just hit a local high of 9.149, but the momentum is starting to cool off. Current Status: trading at 9.031 (+3.32%). The Outlook: We’ve seen a solid recovery from the 7.941 floor, but look at that rejection candle at the top. Sentiment: With over 64% Shorts in the building, the market is betting on a dip. Are we heading back to test the 8.50 support? Stay sharp! 🛡️ #BTC #ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETC reaching for the stars, but meeting resistance! 🌌📉
Ethereum Classic (ETC) just hit a local high of 9.149, but the momentum is starting to cool off.
Current Status: trading at 9.031 (+3.32%).
The Outlook: We’ve seen a solid recovery from the 7.941 floor, but look at that rejection candle at the top.
Sentiment: With over 64% Shorts in the building, the market is betting on a dip.
Are we heading back to test the 8.50 support? Stay sharp! 🛡️
#BTC #ETH