ETHUSDT - Consolidation Before Distribution Ethereum / TetherUS PERPETUAL CONTRACTBINANCE:ETHUSDT.PRLindaETHUSDT is attempting to hold above the 1,850 support level in the medium term, which was previously broken resistance. The reaction to support is weakening, while the broader market remains in a bearish trend Bitcoin remains stagnant and range-bound. Globally, the market remains in a bearish trend, with no fundamental support in sight. A decline in the market leader could trigger further downside in Ethereum. The altcoin is consolidating within a symmetrical triangle. The market is building a pre-breakdown base near the lower boundary of the current range, suggesting that a downside breakout may be approaching Resistance levels: 1,989, 1,927 Support levels: 1,866, 1,854, 1,820 The weak reaction to support indicates that selling pressure may be intensifying. I do not rule out a local liquidity sweep (short squeeze) before the downtrend resumes. A close below the 1,866–1,854 zone could accelerate the further decline Best regards, R. Linda