
                                    <div>
                                      <h3>Market View</h3>
                                      <p>Short-term bearish on ETH, watch the weekly close</p>
                                      <h3>Trading Strategy</h3>
                                      <p>No active trading, patiently wait; if weekly closes below $4.1K and price doesn't continue down but grinds up, consider a setup</p>
                                      <h3>Core Logic</h3>
                                      <p><ol>
    <li>
ETH broke down into its larger range, bulls are weak, down nearly 20% in 12 days, many longs flushed
    </li>
    <li>
if no further downside after weekly close below $4.1K and price recovers slowly, it could be a big flush before real breakout
    </li>
</ol></p>
                                    </div>
                                    

$ETH Breaking down back within its larger range.
The bulls got some work to do to try and get this weekly candle back up before the close, seems unlikely at this point. If that were to indeed fail, and the weekly closes below the ~$4.1K level, watch closely if there's additional

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