$ETH

ETH

1,784.45

-5.00%

Pure "bearish pressure" today 🐻

Reclaimed 2000 but daily + 4H MAs in bearish formation – overall trend weak as hell 📉

Long/short ratio at 3.33 retail going wild longing 🎣

May options expiry high risk of spikes and long squeeze 🔥

Resistance: 2080

Support: 1965 → 1900

Short on bounce: 2060 - 2080 (scale in)

SL: 2100

TP: 1950

Volatility around expiry is huge avoid going heavy ⛔

Not financial advice