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https://opensea.io/collection/zorbs-eth
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Neela
@neela
Why is Ethereum (ETH) price down today? Ethereum (ETH) experienced a flash crash to $2,080, its lowest since January 2024, before recovering nearly 30% to $2,700. The drop followed a failed breakout and was triggered by a broader market sell-off after Trump’s trade tariffs. Over $626 million in ETH liquidations contributed to a 28% decline in open interest, with total crypto liquidations reaching up to $10 billion. Despite the sharp recovery, ETH lost key support levels, suggesting potential sideways consolidation below $3,000. Market sentiment remains cautious as traders await further geopolitical clarity.
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