#SouthKoreaSeizedBTCLoss ETH/USDT update: Strong bearish momentum is visible on the short-term chart. Price has broken below key moving averages, with MA(7), MA(25), and MA(99) all trending downward, confirming weakness. The sharp sell-off pushed ETH toward the 2,800 zone, forming a new intraday low around 2,797. Volume has expanded during the decline, indicating active selling pressure rather than a low-liquidity move. As long as price remains below the short-term MAs, downside risk persists. A brief consolidation or minor bounce is possible, but overall structure remains bearish until ETH reclaims key resistance levels above the recent breakdown area. Traders should manage risk carefully and wait for clear confirmation before any reversal expectations.$ETH