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Ether is holding tight to a critical support level and is at a tipping point that could lead to a decline below $2,800 if it fails to hold, according to crypto traders. “Ethereum is holding onto the crucial area of support,” MN Trading founder Michael van de Poppe wrote in an Aug. 3 X post. Van de Poppe further explained that if it fails to maintain the level, it may impact Ether (ETH) around a further 4%, and push Bitcoin (BTC) — which is trading at $60,717 — further down into an uncertain range for traders. “If this is lost, Bitcoin is likely going to test $60K and Ethereum will test <$2,800...

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