Ethereum Classic (ETC) has experienced a significant downturn, losing 9.06% against the US Dollar in the past 24 hours. This decline is more pronounced than the overall cryptocurrency market, which saw a 6.71% decrease. Despite a bullish medium-term trend, the current sentiment is bearish, with 53% of indicators predicting further declines. The Fear & Greed index at 75 suggests market optimism, yet this could indicate overvaluation. Key support levels are $28.44, $27.34, and $25.25, with resistance at $31.63, $33.73, and $34.83. Investors should remain cautious amid ongoing volatility.