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ETH: Bearish Pattern Remains Intact

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ETH: Bearish Pattern Remains Intact

Ethereum has respected our previous analysis and reached the first target.
Today, we observe a larger contracting triangle pattern, indicating the potential for further downward movement.

With the release of the ADP data today, market speculation is expected to be high.
It is possible that ETH may test the $2,500 level again before moving down, but it could also decline from the current market price.


You may find more details in the chart!
Thank you and Good Luck!

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