On the H4 timeframe for ETHUSD, the price has been consolidating within a descending channel since mid-May, with key resistance at 2145.91 and support at 2081.89. Recent candles show a lack of bullish momentum, as the close prices have repeatedly failed to exceed the prior high of 2145.91, while lows have steadily declined. The consolidation phase suggests exhaustion in the uptrend, with the structure indicating a potential reversal. Volume has been mixed, but the recent decline from 2135.39 to 2081.89 saw a notable increase in volume (12295), signaling stronger bearish conviction. The current price action near the support level aligns…

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