The trend doesn’t flip just because price starts moving up. It flips when resistance finally gives way.
$ETH has recovered from its recent lows and climbed back above the shorter-term moving averages. That’s a sign buyers are becoming more active, but the bigger downtrend is still intact.
The key test now is the long-term trendline overhead. If price keeps getting rejected there, sellers remain in control. A clean break above it would show the market is shifting from defense to strength.
Recovery starts with momentum. Trend change starts with confirmation.
#Ethereum #ETH #Crypto #PriceAction #MarketStructure
$ETH has recovered from its recent lows and climbed back above the shorter-term moving averages. That’s a sign buyers are becoming more active, but the bigger downtrend is still intact.
The key test now is the long-term trendline overhead. If price keeps getting rejected there, sellers remain in control. A clean break above it would show the market is shifting from defense to strength.
Recovery starts with momentum. Trend change starts with confirmation.
#Ethereum #ETH #Crypto #PriceAction #MarketStructure