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#ETH Update
ethereum:native is still respecting the descending trendline as resistance on the 4H timeframe, and for now, that keeps me cautious.
As long as price continues trading below this trendline, I'm not interested in longs. I'll be watching for another rejection from this area, as it could lead to further downside.
For the bulls to regain control, I want to see a strong 4H close above the trendline.
Until then, I still favor the bearish outlook.