$ETH 🛑

🔻 ETH longs are capitulating, positions are loosening; current price 2569.16, sell the bounce

📊 Key data:
❌ 1H EMA20<EMA50, selling pressure dominates the trend
❌ 4H structure is bearish, with the trend acting as resistance
📊 RSI 55|Volume 0.45x, bearish momentum dominates
📈 OI(3H) +0.02%|Positions are stable; direction depends on price action

💡 ETHUSDT is falling on both price and volume, leaving room to drop further

🎯 Trade: Short
• Entry: 2569.89 ~ 2574.99
• Stop-loss: 2588.80 (ATR-based, dynamic)
• Target 1: 2533.96 (risk/reward 1:1.9)
• Target 2: 2513.17 (risk/reward 1:3.0)

⚠️ Risk: Set a stop-loss to guard against a false breakdown

Data source: Binance USD-M|DYOR

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