Ether (ETH) is the second-largest cryptocurrency by market capitalization, and ETHUSD represents the exchange rate between Ether and the US dollar. On the H1 timeframe, recent candles show a bearish trend with a series of lower highs and lows, indicating a potential reversal from the recent uptrend. The price has tested resistance levels around 2400 but failed to break through, which supports a sell signal. Volumes have been relatively high during the uptrend, but have decreased as the price action has weakened, confirming the bearish sentiment. Given the current setup, we expect price to continue lower towards the support level…

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