$ETH /USDT — Short Bias in Play
Retail is buying the bounce… but deeper pockets look positioned the other way.
Trade Setup Entry: 2269.7 – 2273.2
Stop Loss: 2288.2
TP1: 2258.8
TP2: 2250.4
TP3: 2237.8
ETH
2,263.5
-2.00%
Market Read There’s a quiet shift under the surface — this doesn’t feel like strength, it feels like distribution. The 4H leans bearish with high conviction, while lower timeframe momentum is already fading (15M RSI sitting weak).
Price is stuck in a range, not breaking out — and with ATR around 14, this looks more like a controlled move than explosive upside.
Angle This isn’t panic selling… it’s calculated positioning.
Question Do we flush into the 2250 liquidity pocket… or get one last squeeze before the drop?