$ETH The structure is bearish. Since reversing from 2383.5 2.5 days ago, it has fallen 5.9%. The 4-hour trend is still downward, and the liquidation magnet points lower. The key levels are clear: resistance above at 2250.9, with the upper Bollinger Band at 2249.81 right overhead, also where the recent high sits; support below at 2229.02, which is both a support wall and the POC, a high-volume area. Enter a short directly at market. The current price of 2242.3 is just below the upper Bollinger Band, a decent entry point. Set the stop loss at 2250.9. The logic is simple: this is the recent high, and if the price holds above it, there is room for the rebound to continue, invalidating the bearish thesis. Target 2229.02. The price is likely to retest this high-volume area; the measured target coincides with the POC, making it the most natural first target. One risk to note: buyers have accounted for 85% of activity in the past 15 minutes, so short-term buying pressure is strong. The price may first spike toward the upper band before falling back, and the stop has been given some room for that. #ETH #ETH Price Analysis