Ethereum Price Under Pressure: Struggles Could Signal Rising Risks?

Ethereum price started another decline below the $3,150 zone. ETH is struggling and might decline further below the $3,000 support zone. Ethereum is slowly moving lower below the $3,150 zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $3,080 on the hourly chart of ETH/USD (data feed via... source: https://www.newsbtc.com/analysis/eth/ethereum-price-pressure-3030/