$ETH ๐Ÿ”ฅ๐Ÿ”ฅ Thereโ€™s a Head and Shoulders Pattern on the ETH Chart! ๐Ÿ‘Œ๐Ÿ‘Œ

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๐Ÿ˜จ๐Ÿ˜จEthereum (ETH) is flashing a classic warning signal that has traders on edge. ๐Ÿ˜ฑ๐Ÿ˜ฑ A textbook head and shoulders pattern is forming on the charts, and the neckline support is getting weaker by the day. Everywhere, analysts are watching ๐Ÿฉธ๐Ÿฉธwith growing concern as ETH struggles to stay afloat. Historically, this bearish setup has triggered sharp breakdownsโ€”and this time might be no ๐Ÿ’”๐Ÿ’”different. ๐Ÿ˜พ๐Ÿ˜พ

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โš ๏ธโš ๏ธBig players are repositioning fast. Whales are trimming their holdings, while institutions ๐Ÿ•ท๏ธ๐Ÿ•ท๏ธare hedging exposure ahead of a potential dump. On-chain flows reveal ETH moving onto exchanges, hinting ๐Ÿ‚๐Ÿ‚that sellers are preparing to unload. If the neckline snaps, it could unleash a wave of liquidation. ๐Ÿšจ๐Ÿšจ

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๐Ÿ”ป๐Ÿ”ปTechnical indicators are flashing red alerts. The 200-day moving average is turning down, and momentum readings are drifting ๐Ÿ‹๐Ÿ‹ lower. A decisive breakdown below support could accelerate losses and ๐Ÿ’๐Ÿ’drag prices much deeper. The mood among traders is tenseโ€”everyoneโ€™s bracing for a potential cascade. Hold tightโ€”ETH could be about to plunge. ๐Ÿ’ฃ๐Ÿ’ฃ