⭐ Ethereum ($ETH) continues to struggle near the 2000 level, with multiple rejections reinforcing a developing bearish structure.

SHORT Setup: ETH

Entry: 1986 – 2000

Stop-Loss: 2170

TP1: 1920

TP2: 1850

TP3: 1780

Price action shows consistent selling pressure around the psychological 2000 zone. Each bounce lacks momentum and follow-through, while lower highs continue to form — a clear sign that sellers remain in control.

Upside moves are quickly absorbed, whereas downside swings are extending with stronger momentum. This imbalance increases the likelihood of a move below recent swing lows if resistance holds.

As long as 2170 stands as the invalidation level, the bias favors continuation to the downside toward the stated targets.

ETH: 1,993.68 (+0.24%)

ETHUSDT Perp: 1,993.17 (+0.28%) $ETH

ETH

1,924.73

-2.35%