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The bloodbath in Ethereum is FAR from over. According to fresh data from NewsBTC, ETH has just triggered a fresh leg down, now trading aggressively BELOW the $1,750 zone. This isn't just a dip—this is a structural breakdown. The fact that ETH is currently consolidating under this critical threshold screams that selling pressure remains DOMINANT, and the bears are NOT done feasting yet. 🚨 Make no mistake: Ethereum is trapped in a deeply negative trend after decisively losing the $1,800 handle. Price action is now languishing under $1,780 and, more alarmingly, below the 100-hour Simple Moving Average. This technical setup is a textbook recipe for further weakness. If buyers fail to step up immediately, the path of least resistance is straight DOWN. 📉 The looming risk is a catastrophic slide toward the sub-$1,700 region. The chart is flashing a clear warning: the downtrend has not exhausted itself. Any bounce here smells like a bull trap unless we see a violent reclaim of lost levels. The psychological damage is already done, and the next stop could be a zone of extreme pain for late longs. 🛑 #Ethereum #ETH #Crypto #Bitcoin #Altcoins