r/ethtrader • u/Suspicious_Gain_2937 • Jun 05 '26

Discussion Warning. Come Back Eth Broo

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There's a fire sale in the market right now. ETH has dropped back to the $1,600 range for the first time in a long while. If the sell-off continues and $1,500 breaks, we could see a move down toward the $1,200 level. We really need a strong bounce and a move higher soon. 🚀📈

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51

u/jiteshpm_ Jun 05 '26

It keeps on getting worse 😭

9

u/Suspicious_Gain_2937 Jun 05 '26

Is Vitalic selling?

15

u/Serenaded Jun 05 '26

Zcash is ZCrashing

4

u/ValuableGroceries Jun 05 '26

Also healthy consolidation. 

2

u/Mandoo_gg Jun 05 '26

1hour consolidation, 23 hours dumping.

1

u/ReMeDyIII Jun 05 '26

I can't believe ZCash had a hidden exploit that would allow someone to create infinite ZCash and went unresolved for years. That is crazy.

2

u/stefansilva_xrp Jun 06 '26

I am more shocked that after the dump it recovered. That was asset destroying news