$ETH has a bearish structure. It turned bearish near 2454.1 6.8 days ago, and price has since fallen about 3%. The strategy is to sell rallies, not chase longs. The current price of 2379.7 is just below the Bollinger upper band at 2382.1 and the 20-period high at 2386.6, making this level a selling opportunity in itself. Enter directly: short at the market at 2379.7. Set the stop loss at 2551.2, above the recent high. If price moves above that level, it would signal that the rebound has further room to run and invalidate the bearish thesis. The target is 2191.5, a support wall and POC where trading was previously concentrated; price is likely to find support there. That offers about 188 points of potential downside against a 171-point stop, for a risk-reward ratio of about 1.1. Favorable entry location takes priority over the odds. The risk is that short-term buying is still flowing in and the 4-hour trend remains upward, so price could spike higher before pulling back. The stop must allow enough room. #ETH #ETH price analysis