ETHUSD (1H) – Bearish Pressure Under Descending TrendlineEthereum / U.S. dollarBITSTAMP:ETHUSDPEAKALPHAFXMARKETSETHUSD Structure | Trend | Key Reaction Zones ETH remains in a downtrend, forming consistent LHs and LLs. Price is capped by the major descending trendline, with 4,350 acting as a decisive resistance level. Market Overview Sellers continue to dominate as ETH rejects from each lower high. Currently, price trades in the range between the supply zone (4,350 – 4,500) and demand zone (4,215 – 4,250). A breakout from this compression will dictate the next trend direction. Key Scenarios ✅ Bullish Case 🚀 → 🎯 Target 1: 4,350 🎯 Target 2: 4,500 🎯 Extended: 4,657 ❌ Bearish Case 📉 → 🎯 Downside Target 1: 4,250 🎯 Downside Target 2: 4,215 🎯 Extended: 4,050 Current Levels to Watch Resistance 🔴: 4,350 – 4,500 Support 🟢: 4,250 – 4,215 ⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.