$ETH The structure is biased bearish. Price is consolidating around 2062, just below the Bollinger middle band at 2059.2, with insufficient rebound momentum. Net aggressive selling over the past 24 hours is about 197,000 units, and net outflows over the past 4 hours are about $22 million, indicating continued capital outflows. On-chain liquidation structure is also weak: long liquidation fuel within the band below the current price is about $180 million, far exceeding the roughly $58 million in short liquidation fuel above. Nearby support is at 2050.8, followed by the swing low around 2045. The upper Bollinger band at 2106.2 and the 20-hour high at 2117.5 form the main resistance zone. Shorting at the current price would be too close to resistance and offer an unfavorable risk-reward ratio, so place a limit sell order at 2106.2 and wait for price to rebound to that area before entering. Set the stop loss at 2108.3; a move back above that level would invalidate the bearish structure. Target the swing low at 2044.9, the nearest genuine support below. The main risks are that price fails to rebound and the limit order is never filled, or that the rebound is stronger than expected and pushes straight through 2106. Wait for the structure to be reconfirmed. #ETH #ETH Price Analysis