$ETH Brothers, empty it out!!!
Currently, the four-hour line of Ethereum has produced a 'Evening Star'; this pattern is a typical signal of 'when it can't rise, it will crash.' Moreover, all moving averages are pressing down, making the downward trend visually obvious.
Furthermore, there isn't enough volume to support it, so it can't rise. As the price drops, the trading volume becomes weaker, which is like a decline with no buyers—there's no capital entering to support it, so it can only continue to slide down.
Ethereum is hitting resistance at the previous low of 3122. I was already bearish; this position is likely to get stuck here and not rise, and it will have to continue falling.
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