Ethereum ($ETH ) – Bearish Targets Achieved
Ethereum experienced a sharp decline, dropping from $4,692 to $4,530, successfully hitting all projected short-term targets:
✅ Target 1: $4,600
✅ Target 2: $4,580
✅ Target 3: $4,550 (and extended lower)
The move was supported by $1.28B in downside volume, with sellers firmly in control. $ETH remains pressured below key moving averages, reinforcing bearish momentum and validating the short setup.
📊 Market Outlook:
The key question now is whether ETH can maintain support at $4,530, or if further downside toward the $4,500 level is likely.