Market Structure (4H chart – what we see)

🔻 Trend

$

ETH

1,974.86

+1.42%

$ETH ETH is clearly in a strong bearish trend

Price is below MA(25), MA(99) → sellers still control

Recent move was a sharp capitulation drop from ~3000 → ~2150

Now price is bouncing weakly around 2300

This is relief bounce, not trend reversal (yet)

Key Levels (Very Important)

🔴 Resistance Zones (Sell pressure)

2350 – 2380 → first rejection area

2450 – 2500 → MA + breakdown retest (strong sell zone)

2600 → trend-change confirmation level

🟢 Support Zones

2200 – 2150 → recent low (VERY critical)

2050 – 2000 → panic / liquidation zone if 2150 breaks