Why will Ethereum drop toward 2500 level

Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair

structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!!

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Komentarz:

Several "spot ETFs" are expected to be approved by the SEC, causing Ethereum's price to rise recently but I still hold my bias to more downside. so lets get this ETF off the radar