$ETC The next Fibonacci support sits at $12.44 (78.6% retrac
Cryptobutcher
Updated at: 3 hours ago
{"content":"$ETC The next Fibonacci support sits at $12.44 (78.6% retracement from 2025 high).
👉Until ETC reclaims $15.34 (pivot point), technical traders may keep selling pressure elevated.
#ETH Cdecline reflects a triple threat: crypto-wide deleveraging, skepticism about its PoW model’s relevance, and breached technical supports.
👉While its hashrate hit 300 TH/s in 2025 (up 136% YoY), adoption metrics haven’t followed
🚨 Key watch: Can ETC hold the $14.00 psychological level, or will miner sell pressure intensify below production costs (~$12.50 estimated)?
#Ethereum #MarketPullback ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/04/20515cfc2fb242166cf1146b65ac0be8.jpg"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}