$FIL ‌ is testing everyone's patience right now.

The way we just tapped 0.981 and bounced a tiny bit shows there's still some life left here, but it's looking heavy. We’re basically sitting right on the 24h low, and looking at the hourly, that local double bottom attempt around 0.978 is the only thing standing between us and a much nastier drop.
Volume is pretty decent at 12M, but the order book is almost a 50/50 split. Usually, that means we’re about to see a big expansion move once one side gives up.
If we can't reclaim 1.00 soon, this support is going to get tired. I’m staying flat for a bit to see if 0.978 holds on the next retest or if it's just a slow bleed to the next level down.

#EthereumFoundationUnveilsItsStrawmap