$ETH 🔥Price Decline & Prediction.🔥

Why Ethereum Dropped:

1. Security Breach – A $1.5 billion hack on the Bybit exchange hurt investor confidence.

2. Market Downturn – The crypto market lost over $800 billion, affecting Ethereum.

3. Regulatory & Economic Factors – New tariffs and inflation fears triggered sell-offs.

1-Month Chart Analysis & Prediction:

ETH fell from ~$3,000 to ~$2,332 (23% drop).

Moving Averages & MACD show bearish momentum.

RSI (37.71) is near oversold, suggesting a possible bounce.

Short-Term Forecast:

If $2,250 support holds, ETH may rebound to $2,500–$2,700.

If ETH drops below $2,250, it could test $2,000–$2,100.

A bullish reversal needs ETH above $2,700+ with stronger buying momentum.

ETH remains bearish but could see a short-term recovery if buyers step in at support levels. Investors should watch market sentiment, regulations, and security developments for further trends.

This is not a financial advice. Always DYOR 🙏

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