$ETH On March 10, 2025, Ethereum faced significant selling pressure once again, dropping by 6% in just 24 hours as the market mood grew more pessimistic.
This recent slump has brought ETH dangerously close to key support levels, raising alarms among traders and investors. The broader negative sentiment is being driven by a mix of macroeconomic uncertainties, particularly the release of the US Non-Farm Payroll report, and the ongoing outflows from Ethereum-focused ETFs.
As the market remains under the weight of selling, the burning question is whether ETH will continue its downward spiral or if a potential recovery is on the way.
