Gold hitting all-time highs today signals trouble brewing for crypto. Take Ethereum as the case study here—the bearish head-and-shoulders pattern forming on its chart looks textbook-perfect. If this breakdown materializes in the coming days, we could be staring down a move toward the $2,000 level for ETH before any meaningful reversal kicks in. Timeline? Likely playing out through 2026. The macro setup is turning increasingly hostile, and that kind of price structure doesn't typically resolve itself quickly. Watch the levels closely.
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Gold hitting all-time highs today signals trouble brewing for crypto. Take Ethereum as the case study here—the bearish head-and-shoulders pattern forming on its chart looks textbook-perfect. If this breakdown materializes in the coming days, we could be staring down a move toward the $2,000 level for ETH before any meaningful reversal kicks in. Timeline? Likely playing out through 2026. The macro setup is turning increasingly hostile, and that kind of price structure doesn't typically resolve itself quickly. Watch the levels closely.