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Published 5 Jun 2026, 21:10 UTC · fetched 20 Oct 2026, 05:28 UTC
Rekt Capital
@rektcapital
Quoting · 1 Jun 2026, 12:52 UTC · context given to the AI
$ETH Ethereum has Monthly Closed below its multi-year uptrend (green) for the second time in 5 months The last time Ethereum Monthly Closed below the trendline, price produced a limited move to the upside and got rejected promptly The rallies originating from this trendline are clearly weakening, the multi-year uptrend likely faltering Ethereum needs to at least keep the 2026 lows and/or reclaim the uptrend to avoid deeper downside #ETH #Crypto #Ethereum$ETH Ethereum has finally broken down from the multi-year uptrend line The multi-year technical uptrend is over Price has revisited the orange area for the first time since early 2025 If price Monthly Closes beneath orange and turns it into new resistance, there's a good chance #ETH could drop to ~$1000 (black) At orange support for the moment but it's likely a weakening demand area #Crypto #EthereumView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 1557.3 / 1609.29 − 1 = -3.23%d × r = +3.23% against a neutral band of ±1.25% → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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