Ethereum shows bearish signal causing previous ETH drop of 60%

The MACD signal suggests a potential decline in ETH prices, mirroring previous drops of 46%-60% after similar crosses. Analysts emphasize the need for ETH to stay above 4,000 USD to evade considerable losses.

Should ETH fall below key support levels, further declines are likely. Analysts warn of the risks associated with potential breakdowns, underscoring the importance of monitoring market sentiment.

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