$ETH UPDATE – BEARISH RETEST CONFIRMED!

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Hey Traders!

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thereum has broken down from the triangle structure and is now retesting the trendline from below, which is a classic bearish retest.

📉 This retest is getting rejected so far — a strong sign that sellers are in control.

🔍 What this means:

• Breakdown ✔️
• Retest ✔️
• Rejection = continuation lower likely

If this bearish retest holds, we can expect further downside continuation in ETH.

❌ Invalidation:

A 4H close back inside the triangle / above the trendline will invalidate this bearish setup.

Until then, bias remains bearish.

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