Ethereum — Bearish structure confirmed amid weak macro sentimentEthereum / TetherUSBINANCE:ETHUSDTJasmine_RojasHello everyone, At the moment, Ethereum is trading within a broader risk-off environment, where defensive sentiment continues to dominate risk assets. Capital flows have yet to show a strong enough return to support a sustainable bullish trend, while investors remain cautious amid macroeconomic uncertainty and overall liquidity conditions. This hesitation has caused recent ETH rebounds to lack follow-through and remain vulnerable to selling pressure. From a technical perspective, the H4 chart clearly reflects a weakening market structure. After a sharp impulsive move higher, Ethereum failed to maintain expansion and was quickly rejected at higher levels, forming a failed breakout. The return of price below the breakout area signals that buyers were unable to maintain control, allowing sellers to reassert dominance. The zone around 3,270–3,320 USD now acts as a key resistance area. This region aligns with prior supply and important technical factors, where price has repeatedly faced rejection. As long as the bearish structure remains intact, rallies into this area should be viewed as trend-aligned SELL opportunities, rather than early signs of a bullish reversal. On the downside, the 3,070–3,000 USD region represents the nearest support target. While this zone has previously generated price reactions, within an active downtrend it should be treated primarily as a potential profit-taking area, not a safe BUY zone. Attempting to catch a bottom while the lower-high, lower-low structure remains intact introduces unnecessary risk. Looking at market behavior, recent recoveries have been characterized by weak momentum, narrow ranges, and a lack of decisive buying participation. This suggests a phase of distribution and rebalancing, rather than accumulation for trend continuation. When the market fails to accept higher prices, the probability of downside continuation outweighs that of an early reversal. In conclusion, Ethereum remains in a controlled corrective downtrend. With neither the technical structure nor the current news backdrop supporting a bullish scenario, the most prudent approach is to prioritize selling rallies, apply strict risk management, and remain patient until the market delivers clearer signals. In trading, aligning with the dominant trend consistently offers a higher probability edge than attempting to anticipate a bottom. Wishing you clear judgment, disciplined risk management, and sustainable trading performance.