Ethereum Re-tests $2,100, But Could ETH Crash Amid Technical Breakdown? 🚨
After an intraweek low near $2,070, Ethereum is back above the $2,140 level, but a recent technical breakdown raises concerns about further declines. CryptoQuant notes that downside risk could target $1,350.
While bullish catalysts like regulatory clarity and institutional demand remain key, market flows have also weakened, increasing pressure on ETH. If buyers fail to push ETH back above resistance levels, the token could face another significant pullback. 📈
Are you bullish on Ethereum's long-term outlook? Share your thoughts in the comments below! 💬