Legendary Bitcoin OG Deepens Ethereum Bet Despite Losses Exceeding $70 Million

Ethereum is facing renewed selling pressure as the broader market struggles with fear, uncertainty, and growing bearish expectations. After weeks of weakness, many analysts are now openly calling for a prolonged bear market stretching into 2026, arguing that Ethereum remains below key structural levels and lacks strong momentum.Bulls are attempting to defend the $2,800 mark, a level that has become critical for maintaining short-term confidence, but price action continues to reflect hesitation r