ETH/BTC looks bearish near important structure


hello guys hope you doing well
in my previous ETH analysis I mentioned that price looks bearish

price was rejected by trend line and I mentioned that it is probably going the bearish path
now near this important support there is now sign of buying pressure and we have bearish consolidation
if we drop and close below this zone next strong support is purple box

on the daily we close below 45 days lowest close this is now good sign
if you look it is similar to a distribution pattern

it is also consolidating near important support look like a bearish flag
green dots are important just like red dots that we can’t break
if we break these dots ETH will be in trouble