Market Crash Alert! Ethereum Bulls Suffer Heavy Losses, A Plunge Into the Abyss Is Approaching!

Highs Lost

Ethereum once surged to $1680 but quickly fizzled out, falling back to $1500 and facing difficulties. $1580 is like an iron wall, with bulls unable to fight back, and the bearish trend line firmly suppressing prices; $1450 or even $1380 may be the next stop!

Technical Indicators Flash Red

RSI has dropped below 50, indicating a decrease in momentum.
MACD continues to weaken, with the downtrend intensifying.
Resistance: 1580/1620; Support: 1500/1455/1420.

Four Major Signals of a Plunge

False Positive: The so-called "tariff good news" is purely hype, with speculators taking the opportunity to offload their positions!
Large Holder Movements: On-chain funds are flowing ominously, ready to crash the market!
Candlestick Trap: A classic setup of a sharp spike followed by a dramatic plunge to lure in buyers!
Abnormal Sentiment: A frenzy across the network shouting for a rise, which is actually a precursor to a market reversal!

Summary

The next 24 hours are crucial for survival! If $1500 is lost, the abyss is just around the corner! Don't be caught off guard by spikes, prepare immediately, protecting your assets is paramount!