#WhaleDeRiskETH What Is Ethereum Waiting For?

Ethereum has been in a sideways trend for 4 days, leaving traders wondering: what’s next? Is this the bottom, or is the decline set to continue?

If this decline has already bottomed, we could see a significant rebound soon. On the other hand, if the downtrend continues, a further drop might be coming, and the market could test lower support levels.

Looking at the market structure, major players are cutting losses and liquidating positions, and the sentiment suggests a self-rescue operation—a coordinated effort to avoid forced liquidations. If this is the case, the current sideways movement may just be temporary. Once the rescue ends, the decline could continue, leaving many wondering when the real bottom will appear.

From a technical perspective:

$1736 support from a few days ago did not hold.

A 10%-15% further drop could bring