🚨Astonishing Crash! Ethereum below $1800⁉️💥 ETH/BTC Consolidation, Rebound or Collapse?😱🔥

Ethereum (ETH) dropped 2.59% on April 30, closing at $1,780.25, with an intraday low of $1,735. Market capitalization shrank by 2.70% to $214.93 billion, and trading volume fell by 9.80% to $14.45 billion, with increased volatility!

ETH/BTC Stabilization Signal

ETH/BTC rebounded from 0.0180 BTC on April 21, currently consolidating above the key support at 0.0185 BTC. According to CryptoAKM analysis, if support holds, it may test the descending trend line; a breakdown could lead to further bearish pressure.

Technical Outlook Neutral

The 4-hour RSI is neutral, with prices oscillating in a narrow range, lacking overbought/oversold signals, indicating high market uncertainty. Early May events may trigger significant volatility, and investors are cautiously observing ETH trends!