Ethereum Price Prediction: ETH Bears Take Over in Latest Liquidation Bloodbath

Ethereum has fallen below a cited support level following a wave of long liquidations and a hotter-than-expected US inflation print. The combination of forced selling and reduced odds of near-term rate cuts has shifted momentum to the bears, with traders watching key downside levels for the next move. A break lower could accelerate losses, while any stabilization above support would be the first sign of a relief bounce.