The daily chart of ETHUSD is presenting a bearish trend, supported by a clear downward momentum. The recent price action has been characterized by a series of lower highs and lower lows, indicating a weakening upward trend. The most recent candles show a significant decline in price, with the last candle closing below the previous low. This suggests that the selling pressure is increasing, and the bears are gaining control of the market. The volume, although not extremely high, has been increasing in the last few candles, indicating that the move is gaining strength. Given the current technical context, the…

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