$ETH The structure is neutral to bearish. The price has fallen about 6.5% from the recent high of 2159 and is currently facing resistance near 2018.9 below the Bollinger midline, which continues to slope downward. Net aggressive selling over the past 24 hours is approximately 310,000 coins. The cost basis is concentrated around the POC at 2016.5, and the current price is hovering right around this level. The 20-hour high at 2052.9 and the upper Bollinger band at 2054.8 form resistance; a rebound to that area would be a selling opportunity. Don’t chase shorts at the current price. Instead, place a short order at the recent high of 2052.9 and wait for the price to retrace to that area before entering. Set the stop-loss at 2055; if the price climbs back above that level, it would indicate that the bearish structure has failed. The target is the high-volume area at 2016.5, a natural level for bears to take profits, with a risk-reward ratio of about 17.7. The main risks are that the price weakens without offering a retracement, leaving the limit order unfilled, or that the thick concentration of liquidation fuel near 1983 triggers a sharp rebound after a steep drop and stops out the short. #ETH #ETH Trend Analysis