ETH $1,956 Floor Has Broken, What’s Next? 🚨
The viral descending channel setup just broke to the downside. Aggressive selling smashed right through $1,900, pushing ETH into the $1,840–$1,880 zone. Heavy spot ETF outflows and BTC's slide are driving this bearish continuation.
ETH
1,760.99
-6.51%
Here is how to trade the current gaps👇👇
🐻 The Short Setup (Bearish Retest)
Trigger: Wait for a low volume relief bounce to the old support ($1,925–$1,960).
Action: If rejected at $1,950, short it down toward $1,800.
🐂 The Long Setup (Liquidity Sweep)
Trigger: Watch the macro dip zone between $1,750 and $1,800.
Action: Wait for a sharp drop below $1,800, followed by a fast, high volume close back above $1,850 before buying.
Manage your risk. Are you shorting the retest or waiting for the sweep? 👇