Ethereum Bounces — But Is a 20% Trap Forming Beneath One Critical Level?

Ethereum price is rising again, up over 2% in the past 24 hours, and is still positive for the month. The rebound looks encouraging, but the structure underneath remains fragile. A bearish pattern is still active, and unless key levels are defended, this bounce risks turning into a deeper pullback. Ethereum Price Rises Inside a Fragile Bearish Structure Despite the bounce, Ethereum is still trading inside a head and shoulders pattern on the daily chart source: https://beincrypto.com/ethereum-price-20-percent-risk/