Ethereum is trading at $1,909, down 5.59%, after printing a 24H low at $1,901.
This is not just another red candle.
This is a decision zone.
Step 1: Structure Is Bearish — But Controlled
Look closely.
1.Lower highs
2.Lower lows
3.Price below MA60 (~$1,930)
4.Volume fading on minor bounces
This isn’t panic selling.
This is structured pressure.
Sellers are walking price down — not smashing it.
That usually means one thing:
A bigger move is building.
Step 3: Indicators Showing Exhaustion
Williams %R: -94 → Deep oversold
StochRSI: Mid-zone → Volatility expansion incoming
This doesn’t guarantee a bounce.
But it tells us sellers are stretched.
And stretched markets snap hard.
What Happens Next?
Ethereum is not dead.
It’s compressed.
And compression leads to expansion.
The real question is:
Will $1,900 become a launchpad —
or a trapdoor?
What I’m Watching
1. Strong bullish reaction candles at $1,900
2. Volume spike on reclaim above $1,930
3. Failure to bounce = momentum continuation lower
The next 24–48 hours will decide short-term direction.
And trust me…
When ETH moves from compression, it doesn’t move slowly.
👇 Drop your view:
Do you think $1,900 holds or breaks?
Bullish or Bearish from here?
Let’s see where sentiment stands.
#ETH #Ethereum #CryptoAnalysis #BinanceSquare #MarketStructure $ETH