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Ethereum's unconventional right shoulder, nested head and shoulders pattern. Unless there's a volume breakout, there are no surprises. Under gravity, it falls freely.
The biggest problem is that it addresses a vague and even outdated issue. Falling into this false dream constructed by technical analysis is a bit like an over-infrastructural project ending in a half-finished building or road.
Supply-side reform is needed, including "cutting excess capacity, reducing inventories, deleveraging, lowering costs, and addressing shortfalls," also known as "Three Cuts, One Reduction, One Supplement."