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Ethereum is currently entering the most risk-concentrated phase of this cycle.
Since the top in 2025, the highs of each rebound have been gradually declining:
$4,955 $3,403 $2,472.
The historical price range that ETH is currently testing highly coincides with the starting position of the accelerated decline in the previous cycle.
If this key support area is lost, panic selling may spread across the entire market.
ETH +1.16%