#ЕТH $ETH The overall market sentiment is negative; traders expect that ETH may drop even lower, possibly to $1,600 or even less if the market does not stabilize.
There are several reasons for the decline:
Increased fear in the market.
Lack of strong news that could push the price up.
Technical signals indicate that there are currently more sellers than buyers.
If you hold ETH — this is not a reason to panic, but it's important to monitor the situation.