$ETH ETH Took a Heavy Hit. Now Comes the Real Decision
Ethereum went through a sharp sell-off and is now trading near $2,250 to $2,300.
The drop was fast. Fear came in quickly.
This is usually where traders rush and make mistakes.
Let’s slow down and read the chart properly.
Current Market Structure (1H)
ETH is still in a clear short-term downtrend.
Price remains below key moving averages.
That tells us sellers are still controlling momentum.
The bounce from the $2,100 to $2,150 area is visible, but so far it looks like a reaction, not a reversal.
Structure has not flippe