eth

$ETH Why is the Ethereum (ETH) price falling? ❤️What you should know Reasons for the $ETH drop Market Sentiment: Inflation data and major economic news have made traders nervous. Profit-taking: Following ETH's recent surge, major investors have begun taking short-term profits. ETF Inflows: Exchange-traded fund (ETF) inflows have slowed slightly, weakening momentum. Key Technical Levels: First Support: $4,200 → If ETH holds this level, buyers may return. Major Support: $4,000 → A strong level. A break below this level could trigger further selling. Resistance: $4,600-$4,800 → A break above this level would open the way to over $5,000. What does this mean for you? If you're a long-term investor, these declines are normal. Ethereum remains a pillar of DeFi, NFTs, and Web3. Beginner's Tip: Don't panic sell. Rather than chasing bullish candlesticks, it's better to closely monitor price levels and accumulate on dips between $4,200 and $4,000. The big picture: Since 2015, ETH has experienced several sharp declines, but has rebounded strongly each time. With staking, ongoing updates, and strong demand, ETH's long-term outlook remains positive.

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