Ethereum Retests Resistance as Crypto Weakness Continues

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Crypto remains under pressure. Even with stocks rallying last week after positive macro news, crypto failed to sustain strength — a clear sign that the trend remains bearish.

Ethereum appears to have retested former support as resistance inside the inverted saucer formation, keeping downside risk active.

Key Trading Levels:

Bearish bias: While ETH stays below resistance
Downside target: $1,300–$1,400
Extended risk: $1,000–$1,100
Invalidation: Strong reclaim above resistance

ETH may still see sharp rallies, but unless the structure improves, those moves could be temporary rather than the start of a new bull cycle.

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