Ethereum seems to form a good rejection zone here where 2 strong bearish candles took dominance here (and the 3rd is not forming yet).
We are keeping our attention on that third candle here, and as soon as we see a full control of sellers near this zone, we are going to look for that CME gap to be filled, so far everything looks good.
P.S. On on bigger timeframe, ETH is still bullish, so stay safe!
Swallow Team
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