Ether Drops Below Key $4,300 Line, Triggering Potential 10% Correction

Ethereum’s price has fallen below the crucial $4,300 mark, raising concerns about a potential 10% correction. This significant breach of support, identified by analyst Tom Lee, coincides with historically weak market conditions in September and follows large-scale liquidation events within the ETH futures market. Analysts are closely monitoring investor sentiment as the price action unfolds and the wider crypto markets react to the volatility.