Ethereum is showing clear signs of weakness after repeated rejections from the upper boundary of the rising channel. The price is now hovering near the lower trendline support, where bullish momentum appears to be fading. The recent structure suggests buyers are losing control, with weaker pushes upward and increasing selling pressure.
A breakdown below this channel would likely confirm a shift from an uptrend to a corrective phase, potentially driving price toward the $2000 psychological support zone or lower.
Key Points:
- Rising channel support being tested
- Multiple rejections from channel resistance
- Weak bullish momentum, sellers gaining strength
- Breakdown could trigger downside toward $2000
Cheers
Hexa
A breakdown below this channel would likely confirm a shift from an uptrend to a corrective phase, potentially driving price toward the $2000 psychological support zone or lower.
Key Points:
- Rising channel support being tested
- Multiple rejections from channel resistance
- Weak bullish momentum, sellers gaining strength
- Breakdown could trigger downside toward $2000
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。