The 1-day chart of ETHUSD reveals a bearish trend, with the price fluctuating within a descending channel. The recent candles have formed a series of lower highs and lower lows, indicating a strong downward momentum. Volume has been relatively low, but the recent increase in selling pressure suggests a possible trend reversal. The price has been testing the lower boundary of the channel, and a break below this level could lead to further declines. Given the current market conditions, a sell signal on ETHUSD appears justified, as the price is likely to continue its downward trend. The recent candlestick patterns,…

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