Since there are many coins more advanced than ETH. And the number of coins with a better form of smart contracts is growing rapidly. This means ETH will lose its USP. As soon as ETH has no more USP and SEC denies the ETF. It could mean a really strong drop for ETH.
I believe if 0.085 is broken it could get much worse quickly for ETH.
Main competitors for ETH: LTC and BTC
I believe if 0.085 is broken it could get much worse quickly for ETH.
Main competitors for ETH: LTC and BTC