Deadly Sines: The SMI Warning for $ETHEthereumCRYPTO:ETHUSDBallaJiThe Concept: Ethereum is currently committing several technical "sins," and the SMI (Stochastic Momentum Index) is mapping them out in a perfect, oscillating sine wave of death. Every time the "sine" peaks, the price fails at a lower resistance level. The "Sines" (Logic): Lust: Chasing "Shiny" L1 competitors while L2 fragmentation drains mainnet liquidity. Envy: Watching Bitcoin's dominance rise as $ETH/BTC falls to multi-year lows. Sloth: The sluggish price recovery compared to the rest of the AI and Crypto sector. Gluttony: An oversupply of L2 tokens diluting the "Ultra Sound Money" narrative. The Technical Setup: The Oscillator: The SMI is currently rolling over from the +40 level, forming a "Deadly Sine" that points toward a retest of the $1,737 support zone. The Price Action: We are seeing a "bear flag" structure on the daily timeframe. Unless we close a 4H candle above $2,150, the rhythmic selling pressure remains in control. The Target: If the "Deadly Sine" completes its wave, we are looking at a liquidity sweep of the $1,800 - $1,865 demand zone before any meaningful reversal. The drawdown in USD maybe less dramatic in previous cycles in percent terms.. But its clear the time needs to reset indicators and sentiment.