Based on the ETHUSDT Perp – 1D timeframe you shared, here is the clear behavior analysis:
📈 Overall Trend: BULLISH (with short-term pullback)
🔍 Structure Analysis
ETH formed a higher low near 2,770 and then broke upward strongly.
Price moved above 3,150 → 3,400, confirming a bullish market structure.
Higher highs + higher lows = uptrend intact.
🔄 Current Behavior
The red candles near 3,400 → 3,300 show profit-taking, not trend reversal.
This is a healthy pullback / consolidation after an impulsive move.
No strong bearish engulfing or breakdown yet.
🧱 Key Levels
Support
3,250 – 3,200 (important short-term support)
3,050 – 3,000 (strong bullish demand zone)
Resistance
3,400 – 3,435 (local top / supply zone)
Break above 3,450 → next bullish expansion
🧠 Behavior Summary
📊 Market bias: Bullish
🕯️ Short-term candles: Corrective
🐂 Bulls still in control as long as price holds above 3,150
⚠️ When It Turns Bearish
Daily close below 3,050 → bullish structure weakens
Breakdown below 2,980 → trend reversal risk
✅ Simple Verdict
Bullish trend + short-term correction
Not a bearish market, just cooling after a strong rally.
If you want, I can also explain:
Best long entry zones
Short-term scalp bias
Invalidation level
Risk management for futures
