📉 $ETH Crashes Below $3.3,000 Amid Macro Turmoil In a shar
Professor Mike Official
Updated at: 3 hours ago
{"content":"📉 $ETH Crashes Below $3.3,000 Amid Macro Turmoil
In a sharp intraday move, ETH plunged nearly 6%, falling to around $3,298.29.
🔍 Why it matters for crypto-savvy investors:
Breaking below the $3,300 level introduces immediate short-term risk, as this was a key psychological and technical level.
The drop appears to be tied to broader risk-off sentiment, rather than ETH-specific fundamentals, as evidenced by the market-wide decline.
With such a move, leverage risk increases: traders using high exposure may be forced into liquidations, amplifying volatility.
If support fails, watch for the next zones around $3,200-$3,400; a bounce may depend on macroeconomic catalysts, such as the strength of the USD.
🧠 Bottom line: ETH’s sharp decline below $3,300 is a red flag for traders and holders alike. Tighten risk controls and watch how markets react. This could be a consolidation or the start of a deeper correction.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025112025/11/04/288b8b48da6d59a323afa5ae53f8c4cb.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}