#ETH — No Denying the Bearish Trend 🐻📉

On the daily, $ETH has been bearish since October. After topping around $4.8k, price kept printing LH & LL for months — clear downtrend.

With the major trend still bearish, shorts make way more sense than longs. Here’s the setup 👇

• A few days ago, $ETH printed a doji shooting star (bearish signal)

• Recently formed a bearish flag, now sitting at its support

⚠️ Don’t rush longs just yet.

📌 Short ideas:

• Short on retest of resistance at $3.48k

• Or short on breakdown confirming the bear flag

As long as there’s no reversal signal, downside toward $2.5k–$2k is still on the table 😬

$ETH

ETH

3,105.68

+1.10%