ETH Declines to $3.8K: Signs of Bearish Sentiment Among Traders?

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ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?

Ether declined on Dec. 9, retesting the $3,800 level after failing to break above $4,050—a resistance level intact since December 2021. The 5% price drop has raised concerns among traders about the sustainability of the bull run, especially as Bitcoin hovers near $100,000.


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