Ethereum remains under strong selling pressure.
After losing its ascending channel and failing to reclaim $4,000, momentum has clearly shifted in favor of the bears.
The market is now forming lower highs and showing no signs of strength recovery.
📉 Market Outlook
Price action remains heavy below $4,000-$4,200 resistance.
Current supports: $3,800, $3,400, and $3,200 — all potential short-term reaction zones, not reversal points.
Breaking below $3,800 would likely trigger continuation toward $3,200-$2,800.
Volume structure confirms distribution — no demand yet visible from buyers.
🚫 No Long Positions Recommended
The market is still in a corrective phase; long setups carry high risk.
Until ETH reclaims strong structure, short-term rallies are expected to be sold into.
⚖️ Summary
Bearish momentum dominates while below $4,000.
Patience and discipline are key — avoid counter-trend trades in this environment.
❗ Not financial advice — just my personal market view.
