Weekend Head & Shoulders. Neckline broken. Retest. Short ETH.Ethereum / US DollarCOINBASE:ETHUSDElibri_Eugen📊 Trade Plan: 🔻 Entry: 1844 🛑 Stop Loss: 1894 🎯 Take Profit 1: 1802 🎯 Take Profit 2: 1751 📉 Technical Picture (H1): Head & Shoulders: Textbook pattern. Neckline broken, price pulled back to retest it from below — classic confirmation. Friday close: Pattern triggered heading into the weekend. Low liquidity could accelerate the move. 🗞️ Fundamental Note: Why ETH has been outperforming lately: Robinhood Chain (L2) launched July 1 — ETH bridged surged 10x in a week to $164M. Token launchpads, memecoin activity — echoes Solana's 2024 run. ETF inflows returning: +$96M in 3 days. Last week broke an 8-week outflow streak with +$84.4M. Only 2 outflow days in July. BitMine accumulated ~70,000 ETH in 2 weeks. Meanwhile, Strategy sold $216M BTC — institutional flows diverging. Clarity Act sentiment boosting Ethereum as the dominant L1: $40.9B TVL, $14.8B tokenized assets. But: Bitfinex warns inflows are still too small vs $220B market cap. Onchain activity is the real catalyst. Broader market fragile — geopolitics and Oil surge keep risk assets under pressure. ❌ Invalidation: A daily close above the right shoulder voids the pattern.