Thoughts on #ETH:
$ETH is approaching a critical ascending trendline support, which has acted as a key demand zone during previous pullbacks. $ETH remains below short-term moving averages, reflecting current weakness, but as long as this trendline holds, the broader structure still favors a potential bounce. This area is important to watch, as a strong reaction could mark a long opportunity on $ETH, while a clean breakdown would signal deeper downside risk.
ETHUSDT
Perp
3,041.31
+2.43%