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#ETHTrendWatch
Today the crypto market is in a healthy pullback phase. There is no need for panic. Price action clearly shows that this correction is happening to reset the trend.
Bitcoin faced rejection from a higher resistance zone and is now testing demand areas. The higher time frame structure is still bullish. As long as major support holds, the overall trend remains positive.
Ethereum is following the same structure. ETH showed a correction after a strong move, which is completely normal. Funding and leverage are cooling down, helping to build a base for the next move.
Altcoins are under more pressure because liquidity usually shifts first toward Bitcoin and Ethereum. Strong projects are stabilizing near their support zones. This phase removes weak hands from the market.
Market observations.
Leverage has been flushed out.
Selling pressure is being absorbed.
Signs of smart money accumulation are appearing.
Trading mindset.
Do not chase tops.
Wait for reaction at support.
Price action confirmation is most important.
Conclusion.
The market has dipped but the structure remains healthy. If supports hold, this pullback can form a strong base for the next upside move. Patience and discipline are crucial in this phase.