$ETH is currently around $4,400+, but there may be some reasons for a dump 👇
🔻 Possible Reasons for a Dump
1. BTC Dominance – If Bitcoin suddenly dumps significantly (due to profit booking or macro news), then all Altcoins including ETH may drop.
2. Overbought Condition (RSI) – Many analysts are saying ETH is now in a highly overbought zone, so some correction (downside) may occur.
3. Whale Activity – Previously, ETH worth around $8B was sold all at once, if whales sell off again, a dump will happen.
4. Macro Events – If U.S. inflation data, interest rate news, or regulatory crackdowns occur, it could put pressure on crypto.
5. Technical Levels – If support at $4,300 – $4,200 is broken, it could quickly drop towards $3,800 – $3,500.
