ETH | Ethereum Last time we looked at ETH, it was getting rejected at $2,400 and struggling to hold $2,154. Today it is sitting at $2,056, and the picture has not improved. - Price slipped back below the $2,250 resistance zone - It is now compressing right above the $1,750 macro trendline That trendline has held twice already, but the longer ETH grinds sideways beneath the resistance zone, the weaker the structure looks. Volume has dried up completely compared to the February capitulation spike, which tells me there is no conviction from either side right now. The EMA 200 at $2,792 is not even in the conversation. ETH needs a clean reclaim of $2,250 to change the narrative. Until then, this chart remains a avoid.(CyrilXBT)