$ETH Sudden Drop – What Traders Need to Know
#Ethereum rejected at $4,340 and quickly sold off to $4,260. The move was triggered by a wave of long liquidations and profit-taking from large wallets, amplified by weak macro sentiment.
Key Levels:
Support: $4,200–$4,225 (must hold to avoid deeper downside)
Resistance: $4,340 (recent rejection point)
Trading Note: If $4,200 holds, expect a potential rebound. A break below could accelerate selling toward $4,150.