🟡 ETH/USDT in Decline — Is Ethereum Losing Steam? 🧊
The chart from June 16–23 shows Ethereum (ETH) steadily dropping, forming a classic downtrend. Traders are watching closely as ETH tests support levels.
📉 What’s happening:
No strong bounce after the June 20 breakdown
Sentiment around ETH ETFs cooling off
BTC dominance increasing = ETH struggling for attention
🔍 Key Support Zone:
If ETH breaks below recent lows, it could dip toward its next major support. But if it holds this level, a bounce-back could be on the table.
🧠 Pro Tip: When majors like ETH dip slowly without panic, it often means accumulation or consolidation — not necessarily a crash.
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💬 What’s your play here — buying the dip or sitting it out?
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