ETH/USDC Likely to Go DOWN 📉 (Short to Mid-Term)
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1. Breakdown from MA Support Zone 🔻
• ETH just broke below MA(7) = 2 530,76 and MA(25) = 2 578,94
• Current price = 2 498,40, clearly under both → short-term trend flipped bearish 🐻
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2. Moving Average Squeeze = Breakdown Confirmation ⛓️
• MA(7), MA(25), and MA(99) were tightly compressed → this usually leads to a volatile move
• ETH chose down, and that’s your clue for short setup 🚨
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3. Volume Dropping on the Way Up, Rising on the Way Down ❌
• Look at recent green candles → low volume = weak buyers
• Red candles → higher volume = stronger sellers
• This volume divergence = bearish signal ⚠️
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4. Trend Rejection from 2 739,84 ⏫
• ETH made a lower high after that peak
• Couldn’t even retest 2 571, and now struggling under 2 500
• Downtrend pattern forming: lower highs + lower lows forming again
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5. Market Sentiment Still Negative ☁️
• Daily change: -2.74%
• Long-term performance:
• 90 Days: -11.02%
• 180 Days: -27.30%
• 1 Year: -33.12%
• This tells you bulls are exhausted, and ETH is under macro selling pressure
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6. Key Support Below: 2 463 and 2 354 🔍
• If 2 463 breaks, next stop could be 2 354 or even deeper
• Watch those levels — they’re potential bounce zones
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Conclusion: Likely to Drop Further Unless Buyers Step In NOW ❌
ETH is:
• Below all major moving averages
• Showing weak bullish volume
• Failing to make higher highs
• Breaking below a moving average cluster
Unless ETH reclaims 2 530–2 580 with volume, the path of least resistance is down 🔽