On the H1 chart of ETHUSD, the market displayed a pronounced down‑trend from the 1760‑1795 region down to a low near 1681, highlighted by a high‑volume bearish candle (≈86k contracts) that broke the 1700 support. Since that sell‑off, price has carved higher lows—1700.2, 1701.0, 1703.9—while volume has tapered to modest levels, indicating reduced selling pressure and a nascent buying interest. The recent 1705‑1710 range respects the 1700‑1705 support zone, and the bullish engulfing pattern formed on the 1705‑1713 candle adds momentum confirmation. This confluence of a cleared lower‑boundary, improving price structure, and lighter volume supports a long bias, justifying a…

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