My crypto people! 🚨 That the $ETH has broken the support of $4,000 AGAIN is the signal that tells us: "Watch out, things are getting serious". Could it be that $3,700 is the true floor? 🤔

Look at this, friends. Since Tuesday, Ethereum (ETH) has pulled back almost 13%. The psychological support of $4,000—that number that gave us a little peace—is history again. But the eye of the storm is focusing on the area of $3,700. Why is this figure magical? 🪄 Because there a solid horizontal support and a trend line that has been holding up the blows come together. It's as if the price is right on the edge of a cliff, looking for solid ground to bounce back. 🚀

But WATCH OUT! Caution is king here. If Bitcoin (the father of all) keeps slipping, it can drag all the altcoins, including our beloved ETH, into chaos. If $3,700 doesn't hold, the next important support level is at $2,800. And it's not just any drop, folks. That's a 43% crash from the all-time high. Impossible? Not at all. Remember that the last major drop was 66%. In other words, $2,800 is completely on the map if the bearish trend gains more strength. 📉

The weekly indicators (the famous stochastic RSI) are falling fast, but watch out for the data: they still need "a couple of weeks" to hit bottom and start rising. This gives us a hint that the pain might extend a bit longer before we see a clear change in momentum. ⏳

And here comes the most interesting data, the one that tells us how ETH is performing against BTC. Although ETH had a brutal rally of 143% against BTC (something that gave hope to people who bought Ethereum ETFs), the price was rejected ONCE AGAIN by the bearish trend line that has been active for 4 YEARS. FOUR YEARS! 🤯 This is a picture that doesn't look good for Ethereum. If the support of 0.03 BTC in this pair breaks, hold on tight because it could mean that the altcoin bull market is completely turned off.

So, while the price flirts with $3,700, the big question is: Can ETH defy Bitcoin's gravity and its own history against it, or are we about to see a direct trip to $2,800? 🧐 We need to be super attentive because what ETH decides now will set the pace for the entire crypto market in the coming weeks.$ETH