$ETH $BTC $BNB My bias: SHORT on a bounce, NOT a long right now.
Here's the reasoning in plain terms:
What the chart is showing me:
Price got rejected hard from $2,162 after a liquidity grab — that's bearish structure
Right now there are lower highs + lower lows forming = a descending channel = sellers in control
The current price at $2,050 is sitting ON support, not bouncing off it yet — meaning the support hasn't been confirmed, it's just being tested
The liquidity picture:
The big liquidity sitting below $2,036 is a magnet — there are likely a ton of stop-losses below that level from people who bought the bounce. Smart money loves to sweep those before reversing
There's NO clean buy-side liquidity above until $2,093, which is a weak level anyway
Concrete plan:
🔴 Short setup → Wait for a bounce to $2,087–$2,093, enter short, target $2,036 → $1,967
🟢 Long setup → Only if price sweeps below $2,036 with a big volume candle and then closes back ABOVE it — that's the liquidity grab signal to go long toward $2,093
DO NOT enter long right here at $2,050 mid-channel — you'd be buying in no-man's land with no clean stop and no liquidity confirmation.
⚠️ This is my personal read on the chart — not financial advice. Always use a stop loss #btc70k #ETH #AltcoinSeasonTalkTwoYearLow
