Ethereum UpdateEthereum / U.S. dollarBITSTAMP:ETHUSDCryptoSkullSignal🚨 I told you I was shorting ETH around $2,400, and that trade is now deep in profit as Ethereum continues to trend lower. The next major level I'm watching is the $1,550 support zone, which sits near a long-term accumulation range on the weekly chart. This area is critical for the next move. If $1,550 holds: A relief bounce becomes likely, with potential targets around $2,000-$2,200 as price revisits previous resistance and liquidity levels. If $1,550 breaks: The bearish structure remains intact, and Ethereum could quickly move toward the next major support zone around $1,200-$1,100. For now, all eyes are on the accumulation zone. Bulls need to defend it aggressively, otherwise the next leg down could be brutal.