$ETH Ethereum (ETH/USDT) is currently in a strong downtrend 📉 on the 15-minute timeframe. The price has dropped significantly by 3.62%, and the overall structure suggests further downside movement ⚠️.

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📊 Technical Analysis:

1️⃣ Trend Breakdown & Market Structure:

The price initially peaked near $2,060 but has been continuously forming lower highs and lower lows ⬇️.

The recent movement (highlighted in 🟠 orange) shows a bearish impulse wave, followed by a slight consolidation 📉 before another expected drop.

A bear flag (marked in 🔵 blue) is visible, which often signals continuation to the downside 🚨.

2️⃣ EMA & Resistance Levels:

The price is below the 200 EMA, indicating strong bearish momentum ❌.