$ETH
is showing clear bearish momentum! 📉 After peaking at $4,107, the price has fallen to $1,868, marking a significant correction. The EMA(7), EMA(25), and EMA(99) are trending downward, reinforcing the bearish sentiment.
🔴 The MACD is deep in negative territory, indicating strong selling pressure, while volume remains high—suggesting capitulation or ongoing distribution.
🔹 Key support: $1,750
🔹 Resistance to reclaim: $2,000