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Ethereum is under pressure and is falling in spot rates. Meanwhile, investors are looking for borrowed finance (ROE) with presales underway.
Ethereum falls to $2,200
On January 12th, Ethereum pulled back from $2,700 and fell, finding support at $2,200.
There are signs of recovery, but it may not last long.
According to a prominent trader, Ethereum is at an inflection point and future moves will depend on whether it moves above or below the $2,200 mark.
Last week, ETH fell 8.15%, but has since recovered slightly and could rise 3.8% to $2,400.
Borrow Finance Presale
Investors seeking growth are considering borrow financing.
The platform provides Web3 creators and businesses with a marketplace to exchange royalties for instant cash flow.
Additionally, Borroe Finance aims to provide unlimited funds to entrepreneurs and business owners.
With ROE up 90% and rising from $0.01 to $0.019 in the fourth stage of pre-sale, investors are expecting further growth.
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