Ethereum retail sentiment hits rock bottom – Is a breakout rally brewing?

Recent analysis reveals that retail sentiment toward Ethereum has hit an all-time low. Following substantial sell-offs from both the U.S. Government and institutional investors, the market faces increased bearish pressure.

Trading levels for Ethereum are currently below key support, with estimates suggesting a potential decline to 1,754 USD if selling pressure continues. Google Trends data indicates that retail interest is also sharply falling.

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