I’m closely monitoring$ETH Ethereum on the 15m chart, and the sentiment is undeniably bearish as we witness a sustained "staircase down" pattern. Price action is currently trapped under a heavy ceiling, with the MA(7), MA(25), and MA(99) all trending south in a perfect bearish alignment. We just saw a sharp plunge to the $2,300 psychological support level, followed by a weak, low-volume relief bounce that is already struggling to break the MA(7) at $2,318. The fact that ETH is down -3.43% on the day with 24h volume exceeding $592M suggests that the selling pressure has significant weight behind it. Unless we see a high-volume candle reclaim $2,350.

#Binance #ETH #ETHETFsApproved