<ul><li>Ethereum experiences a massive drop, reaching its lowest level since late November 2023.</li><li>Analysts suggest Ethereum is on the verge of breaking out of a parallel channel to the downside, potentially leading to a deeper correction.</li><li>The drop in Ethereum raises concerns about the broader crypto market and the possibility of further downside.</li><li>Currently, Ethereum is at a critical support level, and the coming days will determine its short-term outlook and whether it can stabilize or face further decline.</li></ul>

Ethereum Breaks Below Parallel Channel – Is ETH Collapsing To $1,250?

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