$ETH Good initial bounce and okay weekly close all things considered.

Bulls now need to retake $1750 to change the ongoing pattern of breakdowns, bearish retests and new lows.

I would consider retaking $1750 a sign of strength and would start targeting that major $2.1K area again.

Until then, this is still a bearish trend and $1500-$1750 is the range to watch.

ETH
ETHUSDT
1,648.53
-1.93%