"Is ETH on the brink of collapse? Key support broken, panic spreads!
Looking at the 4-hour chart, ETH's recent performance is alarming—after breaking the $4100 mark, the price has been on a downward trend with a strong bearish atmosphere. Currently, the ETH price has fallen below the key support line and remains in a downward channel in the short term. Especially the performance of the MA moving average system shows that ETH continues to operate below the moving averages, with bearish forces firmly controlling the market.
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