$ETH Update – Temporary Pullback or Start of a Deeper Correction?
Ethereum recently delivered an impressive rally but is now entering a brief bearish phase. This minor pullback appears to be a liquidity sweep — a common market move to shake out weak hands before resuming its trend.
If $ETH manages to break above the current resistance zone, the bullish structure will likely continue, targeting the next demand area. However, failure to break through could trigger a deeper dip.
The market is at a decision point — let’s see which direction it confirms next.
