This is why I don't buy Ethereum.

This chart shows a clear loss of momentum after a long-term uptrend.

The trendline supported the price for years, confirmed multiple times (green arrows).
Price broke below the trendline and failed to reclaim it (red arrows = rejection).
We're seeing a potential triple top pattern with lower highs (blue curves), a classic distribution signal.
📉 Last candle confirms breakdown structure — lower highs, and now lower lows.

I'm not saying ETH is dead.

But for me, this is not a buy.

Until it reclaims the trendline or shows true strength with a breakout and volume, I'm staying out.

Thanks For Reading.