Ethereum Shows Strong Bearish Pressure Across All Timeframes !Ethereum / TetherUS PERPETUAL CONTRACTBINANCE:ETHUSDT.PbehdarkThis analysis is an update to the previous analysis shown in the related publications section. According to the previous analysis, price dropped 11% from the identified supply zone. Our overall outlook on Ethereum remains bearish, and we believe the recent upward move was an expanding triangle that has now completed. We have marked a new supply zone, and if Ethereum reaches it, we expect it to face renewed selling pressure. We have also mapped out the expected price movements on the chart, and we remain bearish on Ethereum despite the positive news in the market. We will only turn bullish on Ethereum once the opposite is proven. The main target is the upper green zone; however, Ethereum may eventually sweep the lower demand area before starting a bullish trend. A daily candle close above the invalidation level would invalidate this analysis. If you have a symbole or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. What do you think? Is ETH bullish?