🚨 ETH JUST REJECTED FROM MAJOR RESISTANCE Since the $4,950 top in October, every single bounce has died on one descending trendline October, January, May - and now July at $1,860. Fourth tag, fourth rejection That line is the bear market. As long as price lives below it, rallies are exits, not entries The EMA100 is curling down right above it, so sellers get two layers of confuence at the same spot All the fundamentals agree with the chart: > ETH is down 45% since January > First THREE consecutive red quarterly candles in Ethereum's history > US spot ETFs bled over $10B in 2026, holdings down from 6.14M to 5.19M ETH > Network fees so low that supply is turning inflationary again Institutions aren't buying this dip. They've been handing it to retail for months Target: $1,343 Follow + notifs on, I will keep you updated