$ETH Ethereum’s Next Move? 👀⚠️ | M Pattern Signals Caution Ahead 🧠📉

🚨 The Ethereum (ETH) chart is flashing a classic M pattern — and that could spell danger for short-term bulls! While many eyes are glued to the altcoin market for the next breakout, Ethereum’s structure is whispering a potential reversal in the making 📊⚠️.

📉 The M formation — often referred to as a double top — is taking clear shape around key resistance levels. Price action recently got rejected at a local top twice 🧱🔄, forming that dreaded “M” that usually precedes a pullback. The RSI is flattening, signaling weakening momentum 😮‍💨📉. Meanwhile, the MACD is tilting toward a bearish crossover, setting off early alarm bells 🔔📉.

📉 Sell pressure is increasing, with volume spikes appearing on red candles 🔴🚨. That’s typically a bearish sign, especially when paired with declining buy volume and cooling social sentiment across the Ethereum ecosystem 🗣️💤. It seems the crowd is hesitating — and in crypto, hesitation often equals liquidation 🪦📉.

🐋 On-chain, whale distribution is evident as large wallets trim their positions 🐳📤. Exchange balances are subtly rising, suggesting ETH is moving onto centralized platforms — a sign some may be preparing to exit positions 🏦⚠️. Even wallet growth is slowing, hinting that retail interest may be cooling off just when ETH needs support the most 🧊👛.

😬 While projects like Solana, Pepe, and Floki continue to battle volatility with meme-fueled momentum, Ethereum looks stuck in consolidation, facing tough resistance and mounting pressure from both sides of the trade 🤹‍♂️🔥.

📌 In this market, it’s crucial to manage risk. Don’t chase moves without confirmation — a break below the neckline of this M pattern could lead to a sharp leg down 📉📛. Stay alert, stay informed, and always prioritize your capital.

🎯 Ethereum remains a titan in crypto, but even titans correct. If this M structure completes, we may see.