Ethereum / TetherUS
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Ethereum (ETH/USDT) — Bears in Control | Next Target $3,200

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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.

đźš« 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.
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