❌ Why is the price of Ethereum dropping ($ETH
)? What you need to know
🔹 Reasons for the decline
Market sentiment: Inflation data and major economic news are making traders nervous.
Profit-taking: After ETH's recent rise, major investors began taking short-term profits.
ETF flows: Flows into exchange-traded funds have slowed slightly, reducing momentum.
🔹 Important technical levels
First support: $4,200 → If ETH holds it, buyers may return.
Major support: $4,000 → A strong level. Breaking it could lead to larger selling.
Resistance: $4,600 – $4,800 → Breaking it opens the way towards $5,000+.
🔹 What does this mean for you?
If you are a long-term investor, these declines are normal. Ethereum remains the backbone of DeFi, NFTs, and Web3.
👉 Advice for beginners: Don't sell in a panic. It's better to watch the levels and accumulate at the dip (between $4,200 and $4,000) instead of chasing green candles.
🔹 The big picture
Since 2015, ETH has gone through several crashes but always comes back stronger. With staking, ongoing updates, and strong demand, the long-term outlook remains
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