Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
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Ethereum (ETH) is witnessing a significant decline, approaching the crucial support level of $3,051. This highlights increased selling pressure and bearish market sentiment. Traders are closely monitoring ETH's behavior at this threshold for potential stabilization or further declines. Currently trading around $3,181, ETH is down by 5.05% with technical indicators suggesting continued bearish momentum. If the $3,051 support fails, ETH may test lower levels; otherwise, it could rebound towards higher resistance levels.
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