$ETH 1W โ Macro Structure Testing Major SupportETHUSDT Perpetual ContractBYBIT:ETHUSDT.PLeo524 ๐On the weekly timeframe, price faced a clear rejection from the $2.9Kโ$3K supply zone, and multiple weekly lower highs continue to confirm the broader bearish macro structure โ ๐Momentum remains weak with RSI around 39 โ approaching oversold territory but not at extreme capitulation, and no bullish divergence is visible yet โ ๐Price is now rotating toward the massive historical support zone between $1,000โ$1,500, which previously acted as strong accumulation during prior cycles โ ๐This green zone represents a high-probability demand area where long-term buyers may step in, but weekly structure must shift before confirming any true reversal โ ๐Final outlook: Strong reaction inside $1Kโ$1.5K = potential accumulation phase; lose macro support = extended bear cycle risk ๐ฅ๐๐