🔵 ETH UPDATE — February 10, 2026

Price: $2,011

All 9 timeframes bearish. Price crashed through D-VWAP, W-VWAP, MID, EMA21. Now sitting on last support before $1,755.

📊 THE SETUP:

Exhaustion elevated (65-75%) but not extreme. Heatmaps show:

Shorts stacked at $2,050-$2,060 (first target)

More shorts at $2,090-$2,110 (second target)

Longs at $1,990-$2,000 (just $11 below!)

Relief bounce likely before continuation.

🎯 TRADE SETUPS:

LONG BOUNCE (Risk) — NEAREST ENTRY:

Entry: $1,997-$2,009 (support cluster)

Stop: $1,980

Targets: $2,055 → $2,100

R:R: 2.3:1 → 4.2:1

SHORT (Best):

Entry: $2,050-$2,060 (liq cluster + Fib 0.236)

Stop: $2,085

Targets: $2,009 → $1,997

R:R: 1.5:1 → 1.9:1

SHORT (Decent):

Entry: $2,090-$2,110 (MID + liq cluster)

Stop: $2,145

Targets: $2,055 → $2,009

R:R: 1.0:1 → 2.0:1

⚠️ AVOID:

Shorts here — support only $11 below

Wait for bounce to short higher

BIAS: BEARISH

Expecting bounce first, then continuation lower.

Invalidation: Close above $2,160

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