Ethereum Price Analysis: Is Today’s 8% Decline the Start of a Bigger Correction for ETH?

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Ethereum’s recent rally into the $3,000 zone has quickly stalled, as the market once again reacted to a dense liquidity cluster and the dominant downtrend structure.
Both the technical structure and on-chain liquidation data suggest that ETH remains in a corrective phase, with critical support levels now coming into focus as the market approaches an important decision point.
Ethereum Price Analysis: Is Today’s 8% Decline the Start of a Bigger Correction for ETH?

Share:
Ethereum’s recent rally into the $3,000 zone has quickly stalled, as the market once again reacted to a dense liquidity cluster and the dominant downtrend structure.
Both the technical structure and on-chain liquidation data suggest that ETH remains in a corrective phase, with critical support levels now coming into focus as the market approaches an important decision point.



