🚨 Ethereum may be approaching the final major dump of this bearish cycle.
Ethereum is once again showing a structure that has appeared during previous market cycles.
Rejection from key resistance.
Moving averages acting as overhead pressure.
Consolidation followed by a bearish breakdown.
And a fresh low before the recovery begins.
Right now, Ethereum appears to be caught beneath a similar setup.
If history repeats, ETH could see one final capitulation toward the thirteen-hundred to fourteen-hundred-dollar zone before potentially starting a new bullish cycle.
Could this be the last shakeout before the next major ETH move?
Stay alert. 👀🔥
Ethereum is once again showing a structure that has appeared during previous market cycles.
Rejection from key resistance.
Moving averages acting as overhead pressure.
Consolidation followed by a bearish breakdown.
And a fresh low before the recovery begins.
Right now, Ethereum appears to be caught beneath a similar setup.
If history repeats, ETH could see one final capitulation toward the thirteen-hundred to fourteen-hundred-dollar zone before potentially starting a new bullish cycle.
Could this be the last shakeout before the next major ETH move?
Stay alert. 👀🔥