ETHEREUM (ETH/USD): Bearish Wave Ahead, Here's Why!Ethereum / USDBINANCE:ETHUSDlinofx1It appears that ⚠️Ethereum formed another historical trend line, which may lead to a significant price decline once it is violated. The current price action bears a resemblance to the corrective movement seen from November to January, which followed a substantial sell off. During that period, the correction respected a rising trend line, and its eventual violation initiated a strong selling wave. We are currently observing a similar pattern, with a minor bullish trend following an ascending trend line. A violation of this trend line could potentially trigger another phase of selling, with a high probability of the price continuing towards 1600.