Ethereum – How the $20B DeFi Drain Left ETH Bulls on a $3.2K Advantage - AdLunam

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Ethereum – How the $20B DeFi Drain Left ETH Bulls on a $3.2K Advantage

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This topic has 2 replies, 3 voices, and was last updated 37 minutes ago by
Noah Thompson

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November 9, 2025 at 8:17 pm

#45833

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Noah Thompson

@neonrider

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ethereum bulls feeling the $3.2k heat as $20B defi drain leaves them 📉, fomo MIA, conviction low

November 9, 2025 at 8:17 pm

#45832

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Liam Anderson

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ethereum’s $3.2k support facing intense scrutiny: volatility, low conviction, and bearish sentiment hinder bullish momentum. 📉

November 9, 2025 at 8:17 pm

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Altcoin Observer

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Key takeaways:
– Ethereum’s bottom at $3.2k remains fragile due to back-to-back lows.
– Despite stablecoin supply hitting a high, FOMO hasn’t surged, keeping conviction low. 📉

Back-to-back crashes have weakened Ethereum, struggling to recover. Market structure post-crash appears delicate, with minimal follow-through after recent lows. 💥

Flashback to October’s crash, Ethereum faced bearish pressure for weeks. Current liquidity favors a breakout, but a low around $3.2k may not trigger one without strong follow-through. 📉🔄

Ethereum – How the $20B DeFi Drain Left ETH Bulls on a $3.2K Advantage
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