$ETH has been on a tear, but this chart shows it's hitting a bit of a wall. The price has pulled back to around $3,675, which is down almost 5% in the last 24 hours.

What the chart is telling us:

* Recent High: #ETH hit a recent peak just above $3,941. After that big pump, it's pretty normal to see some profit-taking.

* Moving Averages (MAs): This is the key part of the chart.

* The MA(7) at $3,769 (the yellow line) is a short-term trend line. The price has just dropped below it, which is a bearish signal in the short term.

* The MA(25) at $3,442 (the pink line) is the next major support. This is where a lot of traders will be watching. If the price holds here, it could be a good sign for a bounce. If it breaks below, it could get ugly.

* The MA(99) at $2,663 is a much longer-term support line. A drop all the way down there would mean a serious correction, so let's hope it doesn't get to that point!

My take:

The post is showing a classic "cooling off" period after a strong rally. The price is currently below the 7-day moving average, which signals that momentum is slowing down.

This isn't necessarily a panic signal. It could just be a healthy retest of a previous support level before the next leg up. However, the next few days are critical. We need to see if ETH can find support at the MA(25) line around $3,442.

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