Ether breaks below ‘Tom Lee’ trendline: Is a 10% incoming?

Ether price dipped under the $4,300 support as September seasonality heightens correction risks.

Key takeaways:

Ether slipped under $4,300 after failing to sustain momentum above $4,700, with $338 million in liquidations adding to the sell pressure.

Analysts highlight $4,300 as a pivotal support, but the history of September weakness raises the risk of a 10% drawdown.

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