$ETH $ETH Bearish Trend: Market Faces Downward Pressure
Ethereum ($ETH) has entered a bearish trend, with prices showing consistent downward momentum amid broader market uncertainty. After a strong performance in previous months, $ETH is now struggling to maintain key support levels, causing concern among traders. Factors such as reduced DeFi activity, lower NFT volume, and macroeconomic pressures—including interest rate concerns and regulatory speculation—are weighing on investor sentiment. Technical indicators suggest weakening buying pressure, with moving averages turning bearish. While long-term fundamentals remain strong, short-term price action reflects caution. Traders are watching closely for signs of a reversal or further decline. In this climate, risk management is essential, as Ethereum navigates a challenging phase in its market cycle. #ETH #CryptoNews #BearishTrend