Ethereum's market fluctuations are like a roller coaster, plummeting by 20%, the bull market trend of the past three years may have come to an end.

What has Ethereum been practicing recently, some kind of extraordinary skill? The candlestick chart twists more than my love-stricken brain! Just yesterday it was soaring to the clouds like it was on adrenaline, and today it's performing free fall. Are you trying to participate in the cryptocurrency diving championship? Technical analysis? The MACD golden cross and death cross switch faster than a scumbag's change of heart, the Bollinger Bands are looser than my belt, and the whales are playing quantum fluctuation speed reading here?

TradingView data shows that Ethereum's price plummeted nearly 20% in the seven days ending March 9, marking the largest weekly percentage drop since November 2022.

This sell-off broke the bull market trend line that began after the collapse of the Terra algorithmic stablecoin UST in June 2022, which caused billions in losses for investors.

This decisive drop suggests that Ethereum's three-year bull market trend may have ended, shifting focus to deeper losses, potentially dropping to support levels around the lows of September-October 2023, approximately near $1,500.

I would say this market is like Schrödinger's Ethereum — you never know whether the moment you open your wallet will be a surprise or a shock. The operators draw the door more abstractly than Van Gogh, and the retail investors are buying the dip halfway up the mountain, turning their positions into Russian nesting dolls. What is "consolidation"? Clearly, it's like being asleep in the ICU, the ECG can even beat out the rhythm of a DJ!

The most absurd part is the news — when good news comes, they play deaf and mute, while bad news rumors run faster than Hong Kong reporters. The price fluctuations are harder to guess than a girlfriend's mood; in the morning, it's promising to "break the previous high," and by the afternoon, it turns its back and plays the "pinning movement." I mean, how about you change your name to "Ethereum Collapse"? Watching this trend makes my blood pressure rise even higher than gas fees, and if this keeps up, the prime real estate on the rooftop will have to be determined by a lottery!