Veteran trader Peter Brandt has forecasted a potential decline in Ethereum's price, citing a breakdown from a symmetrical triangle pattern. This bearish outlook comes as Ethereum co-founder Vitalik Buterin withdrew 16,384 ETH from staking, a move intended to enhance the cryptocurrency's performance and sustainability. The market reacted swiftly, with Ethereum's price falling below $2,700. Brandt's analysis, combined with Buterin's significant withdrawal, has raised concerns about Ethereum's market stability and could lead to increased selling pressure. These developments may impact Ethereum's liquidity and contribute to heightened volatility in the cryptocurrency market.