#ETH has lost the rising channel and is now breaking below the lower support of its accumulation range on the 12H timeframe. The $2,400 zone has failed to hold, and price is now approaching the $2,310 Fibonacci level. If selling pressure continues, the next important area to watch is $2,160–$2,105. IMO, the structure is turning bearish. However, I’d like to see a confirmed 12H close below the range before treating this as a clean breakdown. A quick reclaim of $2,400 could still turn this into a false breakdown. For now, the key is whether ETH can recover the range or continues moving lower. #BTC Price Analysis# #Altcoin Season# $ETH $USDT