Ethereum Bulls Falter—Is a 30% Correction Looming?

Ethereum’s rally hits a wall as bullish momentum evaporates. Traders brace for potential downside after failed breakout attempts.
Key levels to watch: If ETH breaches $3,200 support, cascading liquidations could trigger the ’crypto special’—a 20% drop before breakfast.
Meanwhile, institutional traders keep stacking derivatives—because nothing says ’confidence’ like hedging your billion-dollar bet with more leverage.