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#Ethereum Supply Faces — Increasing Structure at Risk of Collapse
$ETH currently pressing into a well-defined supply zone around 2400–2500, and price action tells a clear story: buyers are trying, but sellers still control. Repeated rejections from this area confirm it as a strong distribution zone, where smart money consistently enters to limit gains.
On the 4H structure, the price has moved higher following an upward trend line, making higher lows — but the quality of that push is beginning to fade. Momentum weakens, and the recent consolidation near resistance appears more like absorpt