$ETH

ETH

2,021.3

-2.20%

— Bearish Flag Setup Developing

The last time this pattern appeared, ETH dropped nearly 40%, falling from $3,050 to $1,750.

After that decline, price rebounded about 25%, climbing from $1,750 to around $2,200, and is now retracing back toward the same key zone.

On the daily timeframe, a bearish flag structure is forming that looks very similar to the previous setup.

Key scenarios to watch:

If $1,750 holds: ETH could bounce and attempt a retest of higher levels.

If $1,750 breaks: A deeper move down toward $1,470 – $1,370 becomes possible.

For now, there’s no confirmation yet. It’s best to wait for the market to show its hand — structure first, trade second. 📉📊

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