币界网报道:Ethereum (ETH) fell 2% as bearish sentiment grows, with analysts pointing to weakening technical indicators and broader crypto market pressures. The second-largest cryptocurrency by market cap dipped below $1,600 amid rising trading volumes, signaling potential further downside. Market observers note increased selling pressure from large holders and declining network activity, with Ethereum's gas fees hitting multi-month lows. The drop coincides with Bitcoin's retreat below $26,000, dragging altcoins lower. Traders await key U.S. economic data this week that could influence Fed policy and crypto markets. Some analysts suggest ETH may test support near $1,550 if the downtrend continues.