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Cryptocurrency traders are afraid of Ethereum (ETH) falling to $1640 due to the dangerous situation on the market. There is a negative bear flag pattern on the ETH price change chart, indicating a high probability of a downward trend. If sellers manage to gain a foothold under the lower line of the flag, which passes around $2540, the value of Ethereum may collapse to $1640 and thus decrease by 36% from the current figure.
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