
Although Ethereum’s monthly decline has seen reduced volume, the bearish candlestick has fully engulfed the previous one, forming a bearish candle with no upper shadow—I believe the monthly downtrend has begun. On the daily chart, volume has increased as price broke below 2,350, signaling a decisive shift to weakness. However, Bitcoin remains within its range, so Ethereum may not decline directly. If Ethereum rallies back to test 2,350 and encounters clear selling pressure, I will interpret this as a failed retest of resistance and expect the next phase of smooth, one-sided downside to follow. #ETH https://t.co/c2YSor6IpQ
