$ETH 1W โ€” Macro Structure Testing Major Support

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$ETH 1W โ€” Macro Structure Testing Major SupportETHUSDT Perpetual ContractBYBIT:ETHUSDT.PLeo524 ๐Ÿ“ŒOn 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 โœ… ๐Ÿ“ŒMomentum remains weak with RSI around 39 โ€” approaching oversold territory but not at extreme capitulation, and no bullish divergence is visible yet โœ… ๐Ÿ“ŒPrice is now rotating toward the massive historical support zone between $1,000โ€“$1,500, which previously acted as strong accumulation during prior cycles โœ… ๐Ÿ“ŒThis 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 โœ… ๐Ÿ“ŒFinal outlook: Strong reaction inside $1Kโ€“$1.5K = potential accumulation phase; lose macro support = extended bear cycle risk ๐Ÿ”ฅ๐Ÿ“‰๐Ÿ“ˆ