๐Ÿšจ Ethereum Drops Below $2,400 USDT โ€” Selling Pressure Returns! ๐Ÿ“‰

Ethereum (ETH) has slipped below the key $2,400 level, putting crypto market sentiment under pressure.

๐Ÿ” Whatโ€™s driving the decline?

๐Ÿ”น Inflation concerns: Stronger U.S. inflation data has increased uncertainty around interest rates.

๐Ÿ”น ETF outflows: Recent withdrawals from U.S. spot Ethereum ETFs have added to concerns about institutional demand.

๐Ÿ”น Market-wide weakness: Falling risk appetite and pressure on technology stocks have weighed on crypto markets.

๐Ÿ“Š Whatโ€™s next for $ETH ?

Traders are watching whether Ethereum can reclaim $2,400 or faces further downside. A recovery is possible, but volatility remains high.

๐Ÿ’ฌ Your thoughts: Can $ETH recover above $2,400, or will selling pressure continue?

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