📉 ETH Quick Update
Ethereum continues to move within a descending channel, consistently forming lower highs and lower lows.
At the moment, it’s testing key support around the $3,700 zone.
If this level fails to hold,$ETH ETH could drop further toward the $3,400–$3,200 range 🔻
But if buyers defend this area, we might see a short-term rebound back up to $3,950–$4,000 before the next major move.
Overall, the trend remains bearish unless ETH can break above the upper channel resistance with strong buying volume ⚠️