$ETH ‌ is quoted at $1,720.51, down -0.83% in the last 24 hours. It dropped 0.8%, not a huge move but the trend is leaning bearish. Multi-timeframe analysis shows a bullish bias (1-hour slightly down 0.2%, 4-hour slightly up +0.2%, daily up +1.7%), indicating consistent trend direction. The 24-hour trading volume exceeded $230 million, with a real selling pressure due to increased volume. The order book shows sell orders at 63%, slightly in control. On the news front, Benzinga reports Bitcoin plunges to $62,500, while Ethereum and XRP drop 5%: What's happening? A breakout above $1,719.98 confirms a bullish trend, while a drop below $1,676.47 confirms a bearish trend. It's wise to stay on the sidelines for now. Last time, the bearish direction was spot on—from $1,716.35 to the current $1,720.51, it moved +0.2%.#MyGateTradeStory #PredictWorldCup🇪🇸vs🇸🇦