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Most traders see a double top and expect an immediate drop. Patterns only matter when the market confirms them.
$ETH is testing a key resistance zone while struggling to break above the long-term EMA. At the same time, momentum is fading, with the MACD making lower highs even as price retests the same level.
The neckline is the level to watch. If buyers keep defending it, the pattern stays incomplete. If it breaks, it suggests sellers are finally taking control after a strong rally.
A pattern is just a possibility. Confirmation is what moves the market.
#Ethereum #ETH #Crypto #PriceAction #MarketStructure