Ethereum Price May Plummet: Market Signals Bearish Trend

Ethereum (ETH) is facing a significant bearish trend, potentially plunging by 30% to reach the $1,000 level within days. This comes after the cryptocurrency has broken through key support levels, including an ascending trendline and horizontal zones. Technical analysts warn that if ETH breaks below $1,475, the price could crash significantly. This downward momentum stems from a confluence of factors, including ongoing tariff wars between nations and the dominance of sellers in the market.