On the H1 chart for ETHUSD, the price has been consolidating between 1725 and 1745 since the mid-week, forming a descending triangle pattern with key support at 1724.36 and resistance at 1745.16. Recent closes have shown a lack of bullish momentum, with the last three candles closing near the lower end of this range. The volume on the entry candle (1781960400) was 2468, which is lower than the preceding consolidation phase, suggesting a potential reversal. The bearish bias is reinforced by the recent price action breaking below the 1724.36 support level, indicating a shift in control. With the market in…

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