ETH/USDT Weekly Breakdown, Major Support Lost!

📉 ETH/USDT Weekly Breakdown – Major Support Lost

Ethereum broke down from a 1,885-day ascending trendline support, confirming a significant structural shift. The weekly closed at $1,707 (-4.2%), but within just four hours of the close, ETH dropped another 14.8%, hitting $1,543 – a clear sign of weakness and market uncertainty.

🟢 Support Levels to Watch:

$1,348 – strong historical demand zone
$1,042 – next key weekly support
$885 – June 2022 low (less likely, but not off the table)
📅 Historically, April tends to be bullish for crypto, but so far, the charts show no bullish momentum.

🚫 Not my opinion – just what the charts are saying.

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#PEACE