Ethereum is attempting to stabilize after its recent pullback, but the recovery so far lacks convincing strength. With price rejecting key levels and higher-timeframe risks still looming, ETH finds itself at a critical decision point where the next structural move could define the short-term trend. No 5-Wave Breakout, No Confirmation For Ethereum Yet Ethereum continues to trade in a technically vulnerable zone. According to More Crypto Online, until the market prints a clear five-wave impulsive structure to the upside, or at a minimum breaks decisively above the weekend high, the probability of further downside under the outlined “orange scenario” remains elevated