$ETH Short Bias – Bearish Structure Holding.Ethereum continues to face rejection near the key psychological $2000 level, with every bounce getting sold into quickly. Market structure remains weak as price fails to establish higher highs, while sellers consistently defend resistance. This behavior suggests supply is still firmly in control.
If the current rejection persists, downside momentum is likely to expand, targeting liquidity resting below recent swing lows.
Trading Plan (Short ETH):
Entry: 1985 – 2020
Stop Loss: 2170
TP1: 1920
TP2: 1850
TP3: 1780
ETH
1,973.2
-1.33%