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#Ethereum $ETH testing the ultimate line in the sand on the weekly chart. 📉🛡️
We are officially back at the long-term macro support floor around $1,550–$1,560. This is the exact accumulation level that triggered the massive structural rallies in late 2023 and early 2025. 🏛️🐋
Bears are pushing hard at the gates, making this a do-or-die moment for the bulls to step up and defend the multi-year market structure.
A textbook cyclical retest or the start of a deeper capitulation?