#Ethereum #MarketSentimentToday $ETH ETH/USDT — Multi-Timeframe Analysis
$2,325.37
-3.13% · 4H
Daily Bias (1D)
BEARISH
›Price trading below EMA 7, 50 & 200 — full bearish alignment
›Structure: BOS to the downside confirmed, no CHoCH yet
›MACD: DIF < DEA, histogram negative — momentum still bearish
›RSI hovering around oversold zone but no reversal signal
›Key resistance: ~$2,460 (last swing high / OB zone)
›No bullish confirmation on daily — bias remains SHORT
⏱ 4H Structure
WEAK BOUNCE
›Price rejection after touching ~$2,463 zone — failed to reclaim
›Strong bearish candles after rejection — sellers in control
›BOLL bands: price near lower band at $2,273 — possible short-term support
›RSI(6): 33.81 — approaching oversold, but not reversed
›StochRSI: 16.72 / 25.24 — deep oversold, watch for dead-cat bounce
›MACD: DIF 4.82 < DEA 7.38, MACD -2.56 — momentum cooling off
›Volume declining on red candles — could slow the drop, not reverse it
🎯 Key Levels
WATCH
›Resistance: $2,380 – $2,406 (BOLL Mid + recent rejection)
›Support 1: $2,273 (BOLL lower band)
›Support 2: $2,250 (recent 4H swing low — critical)
›If $2,250 breaks: next demand zone ~$2,100 – $2,150
📋 Trade Idea
SETUP
›Bias: SHORT (aligned with daily + 4H structure)
›Entry zone: Any pullback to $2,370 – $2,400 (supply/OB area)
›SL: Above $2,465 (clear structure invalidation)
›TP1: $2,273 | TP2: $2,250 | TP3: $2,150
›⚠️ DO NOT chase — wait for rejection confirmation at resistance
›Avoid longs until CHoCH on 4H + reclaim of $2,400 with volume
This is not financial advice. Always manage your risk.