$ETH /USDT - TECHNICAL ANALYSIS

🔎 ETH — Technical Analysis 12H

💥 Drop from $3,045 → $1,736 (-43%)

📉 Greater weakness than BTC:

• Systematically rejected at EMA 25 ($2,137)

• EMA 7 crushed without bullish strength

• Sideways range under resistance = classic distribution

⚡ Violent rebound from $1,736 → liquidation, NOT investment.

🟡 MACD: 38.48 (deceleration without real reversal)

📊 Verdict: $ETH replicates BTC but with greater relative weakness. $2,137 is the line in the sand.

#ETH #Ethereum #CryptoAnalysis #Altcoins #MarketStructureDraft

ETHUSDT

Perp

2,100.86

+1.77%