Ethereum ($ETH) is facing renewed bearish pressure as market sentiment turns increasingly cautious. Following recent price action, several traders are warning that the weakness seen so far may be just the beginning, with risks of a deeper correction still looming over the market.

Analysts note that if key levels fail to hold, volatility could spike rapidly and trigger a broader sell-off across crypto assets. While long-term investors remain optimistic, short-term outlooks suggest that $ETH could be approaching a critical moment, with bears anticipating a larger move to the downside.