#Ethereum
ETH
1,974.45
+0.04%
has seen a strong drop in price today.
This move is not caused by a single negative news event, but mainly due to overall market pressure.
đč Bitcoin weakness is dragging the entire crypto market down
đč High leverage positions are getting liquidated, increasing selling pressure
đč Key support levels have been broken, triggering more sell orders
đč Market sentiment is currently driven by fear and uncertainty
đ This price action is mostly technical and sentiment-based, not due to any hack or major negative update.
â ïž Reminder:
In such market conditions, patience and proper risk management are very important.
Always do your own research (DYOR).