$ETH The structure is bearish. The price is trading near 1929, below the lower Bollinger Band at 1951.5 and close to the 20-hour low of 1917. The middle band continues to slope downward, and net aggressive selling over the past 24 hours is about 520,000 coins. The price has fallen more than 10% from the high of 2151. The cost-basis center of gravity is concentrated around the POC at 2012.5, which overlaps with the declining Bollinger middle band at 2007.6. The 20-hour high at 2052.4 forms resistance overhead, making a rebound to that area a selling opportunity. The current price is too close to support, so the risk/reward is unfavorable. Rather than shorting at the current price, place a sell order at 2012.5, where the POC overlaps with the resistance zone, and wait for a deep retracement into that area. Set the stop-loss at 2014.5, just beyond the resistance band; a move back above that area would indicate that the bearish structure has failed. Target 1918.9, near the 96-hour low of 1917, the closest significant support below. The main risks are that the price breaks below 1917 without a retracement, leaving the order unfilled, or that liquidation-driven buying after a sharp drop triggers a rapid rebound and stops out the short position. #ETH #ETH Price Analysis