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Ethereum Slips Below Triangle—Is A $1,600 Crash Next?
- Ethereum's price is predicted to sink to $1,600 as it struggles below $2,000.
- A breakdown from a symmetrical triangle pattern suggests further downward price action.
- ETH market dominance chart shows a descending triangle pattern, indicating bearish momentum.
- On-chain data reveals a negative outlook with declining active addresses and reduced fees burned.
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