Ethereum price plummets to $1,682 with a 5% drop! What could trigger the next move?

🚨 Ethereum slumped to $1,682 with a sharp 5% dive during the day.
📉 Analysts now focus on $1,580 as the key short term level in $ETH.
⚡ Despite falling prices, the ETH network just broke new activity records.

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