Ethereum has experienced a significant decline, breaking through several key support levels. The bearish sentiment persists, suggesting further consolidations before deeper drops are likely. 📉 💰 🌎. A technical analysis suggests that Ethereum’s inability to maintain above critical support zones could spell trouble for the asset’s future. This downward trend is fueled by a broader risk-off market environment driven by geopolitical and economic uncertainty, including ongoing trade disputes. 🔐 Current support at $1.5K holds hope for temporary stabilization, but with selling pressure remaining dominant, another leg down towards the $1.1K support level seems probable in the mid-term.