The unusual thing on $ETH today is that sellers took control below 2515.78 while price still trades in discount, not premium. That 2515.78 rejection printed a bearish CHoCH on the 1h, and the EMA cluster at 2496.84 now caps any bounce attempt. The 2503.10 to 2515.78 supply block is the zone to watch. A retracement into it would rebalance the range before sell-side liquidity under 2460.30 comes into play. Reclaiming 2515.78 invalidates the bearish structure. Until then, 2440.00 is the prior reaction low that matters. Does 2460.30 hold as the floor, or does the sweep run deeper? More charts like this land in the group every day, bio has the way in. #Altcoin Season#