Ethereum is attempting to rebound after recent selling pressure, but the recovery so far lacks the strength needed to confirm a lasting bottom. With momentum appearing corrective rather than impulsive and key resistance levels still intact, downside risk remains on the table unless buyers can deliver a decisive structural shift.
No Impulsive Break, No Bullish Confirmation
According to a recent Ethereum update by More Crypto Online, the downside scenario remains valid unless price delivers a clear impulsive five-wave advance or decisively breaks above the weekend high. The bounce from last week’s low currently appears corrective rather than impulsive.
Momentum has been limited, and the structure does not yet suggest that a sustainable bottom has formed. So far, there is no clear technical evidence that a durable reversal is underway.
However, Ethereum is trading within a technically significant zone. Following the recent liquidation flush, markets have become more reac
We współpracy z: https://www.newsbtc.com/news/ethereum/ethereums-downside-risk-remains/
