$ETH is trading inside a descending channel on the 4H and has now touched the lower boundary near 1,967.This is the level that matters.A bounce from here with strong volume could set up a long toward the mid-channel around 2,200. A breakdown and close below the channel floor opens the door to 1,800 and beyond.

No trade yet. Wait for confirmation on which side this resolves.

Patience here is the edge.

XLM
XLMUSDT
0.21941
+5.63%

ETH
ETHUSDT
2,008.57
-0.61%