The cryptocurrency market continues to face strong selling pressure. Ethereum (ETH), which recently tested resistance near $3,940, has dropped to $3,460—marking a 5% daily decline. This pullback has rippled through the altcoin space, with Virtuals Protocol (VIRTUAL) falling 2% today and wiping out all of its monthly gains, now down 29%.

While some assets are showing signs of stabilization, VIRTUAL’s daily chart suggests the selloff may not be over just yet.

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