#MySuggestionsforGateSquare Ethereum (ETH) is currently showing a bearish structure across multiple timeframes, reflecting increased selling pressure and a lack of strong bullish momentum. Recent price action indicates that ETH has slipped below important support zones, allowing sellers to regain control and push the market into a corrective phase. The daily timeframe is showing clear signs of weakness as several moving averages—including short-term and long-term indicators—are pointing downward. This alignment suggests that the overall trend remains bearish unless a strong reversal takes place.

Momentum indicators such as the RSI are hovering near lower levels, signaling that selling pressure is dominant. While ETH is not extremely oversold, the momentum is weak enough to suggest that buyers are hesitant. The MACD is also in negative territory, confirming that downward momentum continues to guide the market. When both oscillators and moving averages align in the same direction, the signal strengthens, and currently that direction is downward.

In the short term, Ethereum faces resistance near the 3,000 to 3,050 zone. A clean break above this area with strong trading volume would be an early sign that buyers are attempting to reclaim control. Until that happens, the bearish trend should be respected. On the downside, if ETH closes below the 2,700 level, it may open the path toward deeper retracements, including the 2,550 region, which historically acts as a strong support area.

Traders are advised to remain cautious during this period. Entering long positions simply because the price appears low can be risky during a strong downtrend. The market can remain bearish longer than expected, and oversold conditions alone do not guarantee an immediate reversal. A safer approach is to wait for confirmation signals such as higher lows, bullish crossovers, or breaks above key resistance levels.

For now, the short-term signal leans toward avoiding long positions or considering cautious sell or short strategies, depending on personal risk tolerance. Long-term investors may prefer to wait for stabilization or clear bullish patterns. As always, risk management is essential: use stop-loss levels, avoid oversized positions, and stay attentive to sudden market shifts.$ETH