ETH/USDT Technical Review: Fractal Model & Global ResistanceEthereum / TetherUSBINANCE:ETHUSDTAleksDUEthereum has reached a critical decision point on the daily timeframe 1D. Price action analysis highlights a distinct fractal cyclicity that has accompanied the entire duration of the current downtrend. 📌 Key Observations & Fractal AnalysisSeries of Identical Consolidations: Throughout the global sell-off, the asset has consistently formed repetitive local accumulation/distribution structures (highlighted by the oval range zones). Each successive wave originates lower than the previous one and caps out against the descending trendline.Testing the Trendline:Price is currently testing the trendline resistance once again in the $1,900 – $1,920 zone. Unlike previous attempts, we are currently seeing a breakout effort alongside a local buyer signal (Flow: BUYING), setting the stage for a potential structural break. 🛣 Market Scenarios 🟢 Bullish Scenario (Fractal Invalidation):A successful consolidation and hold above the trendline, followed by a confident break above the psychological $2,000 level, will invalidate the bearish fractal pattern. This would serve as a strong signal for a macro trend shift and an exit from the prolonged downtrend. 🔴 Bearish Scenario (Cycle Continuation):If this trendline test mirrors previous rejections—leading to a bounce off resistance and a pull back into another consolidation phasethe market will likely follow its established rhythm toward the next fractal phase, taking out local lows (testing a new bottom). 💡 ConclusionThe $1,900 $2,000 zone is a moment of truth. Resolution of this fractal cycle will unfold over the coming weeks: we will either witness a full structural trend reversal or a continuation of the broader mark-down phase.