Ethereum is showing a dangerous structure right now. The market is building what looks like the right shoulder of a Head & Shoulders pattern, and price is struggling to stay above the daily MA200 — that’s a major red flag.
If $ETH breaks the rising support (higher-low trendline), the next sell wave can accelerate fast. This isn’t just noise — it’s classic distribution behavior before a deeper move down.
📉 Pattern projections align with the $1400 zone, which also matches a strong historical support area — meaning this level is not random, it’s technical + psychological.
This is the type of structure where: • Smart money distributes
• Retail keeps buying “dips”
• Liquidity gets trapped
• Market flushes late buyers
⚠️ Risk-linked altcoins that usually move with $ETH : $ARB $OP $MATIC $LDO $IMX $AVAX
Market is not in “easy money mode” — it’s in capital preservation mode.
Trade smart. Protect capital first. Profits come second.
Not financial advice — structure based analysis only.