Ethereum Faces Significant Decline Amid Market Concerns

Ethereum has experienced a sharp decline, dropping below the $4,000 mark and raising concerns about a potential extended downtrend. With critical support levels at $3,850 and $3,880, investors are worried about further losses. The formation of a bearish trend line indicates that unless Ethereum can regain levels above $4,150, it may face double-digit losses. Traders are advised to monitor these price movements closely.