Ethereum (ETH) Market Update
Ethereum is currently under pressure due to overall crypto market weakness and risk-off sentiment.
After key support levels broke, futures liquidations increased, adding more selling pressure.
There is no major negative news specific to Ethereum.
The move is mainly driven by a technical breakdown, profit-taking, and panic selling.
If ETH holds its current support zone, a short-term relief bounce is possible.
However, a stronger upside move will depend on improved overall market sentiment.
Summary:
Upside potential exists, but risk remains high and caution is advised.
ETH
2,009.99
-3.72%
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