What Would Invalidate the Bullish Ethereum Setup?
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The bullish outlook for Ethereum would be invalidated if price decisively breaks below the ascending trendline that has supported it for weeks. Such a move would suggest that buyers are losing control of the trend.
If that breakdown is accompanied by negative ETF flows and declining momentum indicators, ETH could enter a broader corrective phase. Until then, holding above trendline support keeps the bias tilted toward the upside, even if short-term volatility persists.
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as long as it holds, chop is annoying but not scary
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We hope demand go up.