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Ethereum Crashes Through $3K Support as Bearish Wedge Pattern Triggers Sell-Off

Ethereum Crashes Through $3K Support as Bearish Wedge Pattern Triggers Sell-Off

Published:
2025-05-16 20:09:04
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Ethereum Slips Below $3K as Falling Wedge Breakdown Signals Bearish Shift

Ethereum’s price action just got ugly—breaking below the psychological $3,000 level after a textbook falling wedge breakdown. Technical traders are hitting the sell button, but long-term holders see this as another buying opportunity masquerading as a crisis.

Blood in the streets? Maybe. Or just another day in crypto’s relentless volatility cycle. Meanwhile, traditional finance bros clutch their pearls and whisper ’I told you so’ between sips of overpriced bourbon.

|Square

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