#ETH remains inside a *descending channel* and has reached an *important support area*.

Current structure shows a *potential double bottom* forming, and this is happening alongside an *RSI retest*, which adds more weight to a *possible short-term recovery*.

Bulls need to *defend this zone* and push back above the *descending trendline* to shift momentum.

Until then, *patience and confirmation are key*.

#CPIWatch

#BinanceBlockchainWeek

#BinanceHODLerZBT

#AltcoinSeasonComing?

$BTC

BTC
BTCUSDT
88,330.3
+0.73%

$ETH

ETH
ETH
2,974.54
+1.31%