$ETH – Bearish Pattern Unfolding! Time for a Drop? 📉🧨
Ethereum is forming a textbook harmonic pattern with a potential move from Point C to D in play. After peaking around $1,665, ETH has started its descent, currently trading at $1,622.08 (+2.19%).
Why Short?
C-D leg aligns with 0.786 Fibonacci retracement—often a high-probability reversal zone. Sellers are showing dominance and volume is favoring the downside.
Take short trade here on $ETH!
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