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1. Ethereum drops from 2345 to 2233 US dollars. Everyone is waiting for the latest U.S. policy to be released and doesn’t dare to invest recklessly. Right now, the number of people selling is far greater than the number of people buying, and the sell-off sentiment is very strong.
2. The fundamental reason for the sharp drop just now is that big funds are afraid of concentrating risk, so they sell their coins. As Bitcoin at the lead drops in price, it directly drags Ethereum—already not very stable—down with it, breaking through everyone’s psychological “safety floor.”
3. Forecast for the next 4 hours: since nobody is willing to spend money to buy right now, the price will most likely swing back and forth between 2200 and 2250 US dollars, and it may even continue to fall and break below 2200.
4. It’s recommended that everyone definitely not rush to buy and scoop up a bargain today! It’s best to hold onto your money first and watch from the sidelines. If you absolutely have to take action, wait until the price rises a bit before you carry out trades following the downtrend. Be sure to set a loss threshold you can tolerate—protecting your principal is more important than anything else!
$ETH