🚨 ETH AT A CRITICAL JUNCTURE! 🚨

$ETH enters February facing massive technical weakness after a 7% drop in January. The 3,000 USD – 3,340 USD zone is the absolute line in the sand.

If $ETH fails to reclaim this area, a drop to 2,690 USD or even 2,120 USD is still on the table. Capitulation has not been confirmed yet.

Long-term holders are accumulating, but institutional flow is weak. Do not bet on a breakout this month. This is a structural test. $ETH must hold $3,000 or any bounce is just noise.

#Ethereum #CryptoAnalysis #ETH #MarketTest 📉

ETH
ETHUSDT
1,965.36
-2.83%