Ethereum Struggles : Price Slide in Falling Channel**
#ETHđ„đ„đ„đ„ #etherium #BearishPhase #BinanceSquareFamily #Write2Earn!
Ethereum has been on the decline over the past few weeks, losing significant gains and entering a **falling channel pattern**.
This bearish trend has put ETH on the backfoot as it struggles to regain momentum. The price action suggests further downside pressure unless a breakout occurs from the channelâs upper resistance.
Conclusion and Advice :
ETH holders should remain cautious, as the current pattern suggests ongoing weakness. Look for a potential **breakout above the channel** before considering long positions. In the meantime, setting tight **stop losses** is advised to mitigate risk in this uncertain market.
