An address linked to Kanye sold 1,390 ETH to reduce liquidation risk.
A genuine breakdown needs to be backed by trading volume; a breakout on declining volume will likely fall back into the range.
The bearish factors are already out in the open. Now it’s just a matter of seeing how the market absorbs them.
$ETH , down 3.08% over 24h.

Just chatting—everyone has to bear the consequences of their own gains and losses.