Currently, ETH is trading within the $4,200-$4,500 range, with market analysts warning of a potential drop to $3,500 if vital support levels are breached. Spot trading volume for ETH has plummeted significantly, reflecting a bearish market sentiment.
Market sentiment is shifting negatively, as increasing bearish calls arise due to weakened spot demand and price fluctuations. Analysts indicate that ETH might test lower levels, signaling possible buying opportunities amid ongoing bearish trends.
Leave a Reply