Ethereum (ETH) Price Decline

Ethereum (ETH) price has faced a sharp decline, dropping over 15% this week. The coin fell below $2,500 after reports of a major Bybit security breach surfaced. Hackers allegedly stole $1.5 billion worth of crypto, adding pressure to ETH’s value.

However, the Wyckoff Accumulation Pattern suggests a potential rebound, hinting at an ETH surge toward $8,000.