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Head and shoulder before the drop?

With the good news of another step towards the merge, Eth has rallied and offered the bears a bit of rest.

That isn’t quite enough to change the state of the economy, and with interest rates forcing their way up it’s only a matter of time until we see another big event in the downwards direction.

With the divide between the bears and bull opinions being so strong I feel like it would be far to easy to see a strong head and shoulder pattern form, breaking shorts and creating as much fear and misdirection as possible in the process before ultimately diving down to the 800 support.

This is simply my opinion and the thoughts I have towards the current market and Isn’t intended as market advice for any position. Please do your own research before taking a position.
Chart PatternsEthereum (Cryptocurrency)

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