$ETH is showing a bearish reaction after the short liquidation spike near $2128.77. The liquidity-driven breakout briefly pushed price above resistance, but buyers failed to sustain momentum at higher levels, leading to a rejection from the upper range. Current market flow suggests sellers are starting to regain control.

EP: $2110 – $2128

TP1: $2080

TP2: $2045

TP3: $1995

SL: $2165

The short-term structure remains weak as price continues struggling beneath the recent rejection zone.

Momentum is cooling after the squeeze expansion, with fading bullish continuation and increasing sell pressure.

If $2130 remains capped, price is likely to rotate toward lower support and liquidity pockets.

$ETH

ETH
ETHUSDT
2,020.85
+0.07%