$ETH ETH is cooling down after a strong move up. Price pulled back from the recent high and is now testing a healthy demand zone. This kind of move often shakes out weak hands before the next decision.
What I’m seeing on the chart Short-term momentum is weak after rejection from the top RSI is moving toward lower levels → selling pressure is slowing Volume doesn’t look aggressive, so this drop feels more like a reset than panic Future Outlook (personal opinion, not financial advice) Short-term: Price may stay sideways or dip a bit more while buyers step in Mid-term: If current support holds, a recovery toward higher levels is very possible Trend view: Structure is still okay unless support breaks clearly Market looks emotional, but not broken. Patience usually wins in phases like this. This is a personal market view, not financial advice. Always manage your own risk.
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$ETH ETH is cooling down after a strong move up. Price pulled back from the recent high and is now testing a healthy demand zone. This kind of move often shakes out weak hands before the next decision.
What I’m seeing on the chart
Short-term momentum is weak after rejection from the top
RSI is moving toward lower levels → selling pressure is slowing
Volume doesn’t look aggressive, so this drop feels more like a reset than panic
Future Outlook (personal opinion, not financial advice)
Short-term: Price may stay sideways or dip a bit more while buyers step in
Mid-term: If current support holds, a recovery toward higher levels is very possible
Trend view: Structure is still okay unless support breaks clearly
Market looks emotional, but not broken. Patience usually wins in phases like this.
This is a personal market view, not financial advice. Always manage your own risk.