Looking at the trading chart, #Ethereum hit the major resistance level exactly as anticipated, triggering a sharp drop. Since then, the price has retraced back into the range and has broken below the trendline. For example, if we look at a similar setup in the past, when the price faced resistance and then broke the trendline, it often resulted in a further decline. With the current market conditions showing a bearish trend, it's likely that the price could continue to drop.
