Ethereum crashes toward $3,700—Will the crypto market panic next?

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Ethereum faces new uncertainty as analysts warn of a possible drop to $3,700. This week, the cryptocurrency slipped below key support levels as optimism from recent ETF approvals wanes. Experts cite a broad market sell-off and shifting investor sentiment as the main reasons for Ethereum's downturn. Currently trading near $3,400, Ethereum’s performance could impact the broader crypto market and signal trends for altcoins. Key factors to watch include institutional activity, ETF flows, and on-chain data as the next moves unfold. Stay tuned as we track Ethereum's potential recovery or further decline.

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