Ethereum ($ETH /USDT) Faces Heavy Selling Pressure as Bears Take Control! ⚠️

Ethereum is under intense bearish pressure, currently trading at $3,843.13, marking a significant 4.45% decline in the last 24 hours. Despite touching a 24h high of $4,031.38, the selling wave dragged $ETH down to a low of $3,834.66, testing critical support levels. With a massive 458,515 ETH traded and $1.81B USDT in volume, the market is buzzing with heavy activity, reflecting heightened investor caution. $ETH is teetering near its daily low, and failure to hold above $3,824 could trigger further downside, while bulls must push past $3,896 to regain momentum. Traders and investors, stay sharp – Ethereum’s next move could be decisive for the broader market trend! 🚀📉 #EthereumUpdate #MarketWatchMay2024 #CryptoMomentum