Ethereum Under Pressure — Are We Heading Toward a Major Downturn?
#Binance The crypto market is once again gripped by uncertainty, and this time Ethereum ($ETH) is at the center of attention. In recent days, Ethereum has failed yet again to hold the key psychological level of $3,000, slipping down to around $2,930. This price action is being viewed#market as a clear warning signal for investors.
What adds to the concern is reports that a well-known and influential market investor, ETHzilla, has started selling Ethereum. When major players begin to exit the market, it often signals increasing risk and the possibility of deeper downside ahead.
#WriteToEarnUpgrade From a technical analysis perspective, if the current trend continues, the first major support level appears near $2,500. A breakdown below this level could open the door to the next target around $2,100, representing a significant and painful decline for Ethereum.
At the mo#ETH ment, the market is clearly in bearish territory. Weak rebounds, rising selling pressure, and shaken investor confidence all suggest that caution is more important than ever.
The key question remains:
Is this merely a temporary pullback, or is Ethereum entering one of its most challenging phases?#USJobsData
Only time will provide the answer — but wise investors are those who prioritize facts, discipline, and risk management over emotion.
