Hello Guys, let’s now break this 4H structure down, indicators, signals, and analyse the current situation of $ETH ,Let’s Go!
🔍 Current Market Context
• Price: ~2285
• We’ve just had a sharp rejection from the upper supply zone (~2380–2420).
• Price is now trading below key MAs (7 / 25 / 99) → bearish short-term structure.
• Supertrend flipped bearish and SAR is above price → confirms downside pressure.
• MACD is negative and expanding → momentum favors sellers.
🧠 What the Chart is Showing
1. Failed Breakout → Distribution
The top grey zone (~2400) acted as strong resistance:
• Multiple rejections
• No strong continuation
👉 This looks like a liquidity sweep + distribution, not a breakout.
2. Lower High Formation
• The recent bounce failed near ~2360–2370
• That creates a clear lower high
👉 Market structure is now shifting bearish
3. Break Below Support Zone (~2318)
• Price lost the orange demand zone
• Now acting as resistance
👉 This is a key sign sellers are in control.
📉 Probable Next Moves
🟥 Bearish Scenario (Higher Probability)
If price stays below 2315–2330:
• Expect continuation toward:
• 2260 (recent low area)
• Then possibly 2220–2200 (next support / liquidity zone)
👉 Momentum + structure both support this move.
🟨 Short-Term Bounce Scenario
A relief bounce could happen if:
• Price reclaims 2315–2330 zone
Targets:
• 2360
• Possibly 2380 (weak retest)
⚠️ But this would likely be a pullback, not trend reversal unless:
• Price breaks and holds above 2400
📊 Key Levels to Watch
• Resistance:
• 2315–2330 (critical flip zone)
• 2360
• 2400+
• Support:
• 2260
• 2220–2200
⚖️ Summary
• Structure: Bearish (lower high + breakdown)
• Momentum: Bearish
• Bias: Sell rallies / continuation down
👉 The market is likely heading lower unless it reclaims 2330 strongly.