ETH: Bears Still In Control, But Can Bulls Defend $1,505?Ethereum / TetherUSBINANCE:ETHUSDTDukesMarketAnalysisTrend Remains Bearish Ethereum continues to produce lower highs and lower lows, with recent bearish weekly candles increasing the probability of a downside continuation. The 21/8-week EMAs remain bearishly crossed and continue to act as dynamic resistance. Key Support Under Pressure Bulls are attempting to defend the major $1,505 support for a second time, raising the possibility of a double bottom. However, a decisive break below this level would likely confirm another leg lower. Bulls Have Work To Do The first step towards recovery is reclaiming the $1,849 swing high, signalling an initial change of character. Beyond that, Ethereum would need to break above the major $2,464 weekly resistance to suggest the broader trend is turning. Momentum Still Favours Sellers RSI and StochRSI remain deep in oversold territory, but strong trends can remain oversold for extended periods. Until buyers reclaim key resistance, momentum continues to favour the bears. In Summary Ethereum remains firmly in a bearish trend, with sellers continuing to dominate price action below the 21/8-week EMAs. While the $1,505 support could still produce a double bottom, bulls have yet to show any meaningful evidence of regaining control. A move above $1,849 would provide the first sign of improving momentum, while only a break above $2,464 would confirm a broader trend reversal. Until then, the bears remain in control.