📉 Have we entered a new downtrend in the cryptocurrency market?

After Ethereum (ETH) reached a price of $4012, the market experienced a return of selling pressures that pushed prices down again, raising questions among investors: Are we on the brink of a significant new decline?

In recent weeks, most cryptocurrencies recorded strong increases driven by optimism and positive news, but reaching historical resistance levels led many investors to start taking profits, which quickly reflected on price movements.

Reasons for the current decline

1. Profit-taking pressures after recent gains.

2. Decreased liquidity in the market with traders remaining cautious.

3. Economic concerns regarding upcoming Federal Reserve decisions.

4. Technical analysis: ETH breaking the support level of 3750$ may open the door for a drop towards $3200–2400.

Potential scenarios

Extended decline: If ETH fails to return above $4015, we may witness a continued decline to break new supports.

Temporary correction: If the price quickly rebounds and returns above 4060$ with increased trading volume, the decline may just be a pause before a new upward wave.

💡 In any case, investors are advised to manage risks and clearly define stop-loss points, especially during periods of high volatility.

💬 Summary: Everything happening now is part of the natural market cycle, and it’s all for the good. Investing in cryptocurrencies never ends.