$ETH

⚠️ What caused the dramatic fall of Ethereum?! 🚨

We witnessed a sharp decline in Ethereum in recent hours, shocking traders!

The reason? Several combined factors were sufficient to ignite a wave of selling:

1. Recent U.S. economic data showed high inflation, which bolstered expectations of an interest rate hike by the Fed, putting pressure on the entire market!

2. Whale movements and the transfer of large amounts of ETH to exchanges, causing panic among small investors.

3. Breaking strong support levels at $1670 and then $1600 opened the door for further declines.

But… is this the end?

No! It is actually a rare buying opportunity for those thinking long-term. The market is not crashing, but correcting itself, and those who understand the game know that fear creates wealth.