🔻 Ethereum (ETH) — 2H Analysis | Inverted Bottom Pattern 🔍

Current price: $3697

On the 2-hour chart, Ethereum is forming an inverted bottom pattern (inverted bowl) — this is a bearish signal, often indicating an impending price decline.

📉 Key observations:

The pattern appears after a short-term rise — the market may be ready for a correction.

Volumes are gradually decreasing — this indicates weakening buying pressure.

If support around $3650–$3620 is broken, the decline may accelerate.

Potential downside targets: $3540 and further down to $3460

⚠️ Risks:

If buyers hold the key support and a bounce occurs with volume, the pattern may be broken.

📊 Conclusion:

We are monitoring the price behavior at $3650. A downward breakout confirms the decline scenario. Holding may allow for a local bounce.