Ethereum Has Resumed Its Bearish Cycle Once Again (12H)

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As you can see, a bearish phase has begun from the point marked with the green arrow on the chart, forming an expanding pattern.

Wave E in expanding structures is typically very strong, and we expect the supply zone to hold, leading Ethereum to drop to lower prices within its bearish cycle.

The green zone is a strong area where a significant number of buy orders exist.

We follow the structure to see how Ethereum will react.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

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