Ethereum Faces Critical Support Test as Bear Flag Breakdown Signals Potential Downtrend

Ethereum is approaching a critical technical crossroads as bearish momentum continues to weigh on price action.

With a major support zone now under intense pressure, traders are closely watching whether bulls can defend this level or if a breakdown will open the door to a deeper decline.

Ethereum continues to slide, aligning with the broader bearish sentiment currently dominating the market.

According to analysis from More Crypto Online, the asset's recent breakdown from a previously identified bear flag and rejection of the yellow trendline