$ETH The structure is bearish, with the price retreating more than 11% from the 96-hour high of 2130.9. The latest price of 1886 has fallen below the value area's lower boundary at 2051 and is trading beneath the lower Bollinger Band at 1890.5, while the middle band continues to slope downward. Net aggressive selling over 24 hours is approximately 191,000 coins, with roughly $38 million in net aggressive outflows over 4 hours. Above, two long-entry cost walls at 1942.1 and 1920.1 sit alongside approximately $70 million in positions awaiting breakeven. The upper Bollinger Band at 1977.8 and the 20-hour high at 1987.9 form a resistance zone, making a rebound to that area a selling opportunity. The current price is hovering near the previous low at 1876.4, so opening a short immediately would leave too little room before support. Therefore, do not enter at the current price; instead, place a short order at the upper Bollinger Band at 1977.8 and wait for a pullback into the area between the cost walls and the resistance zone. Set the stop-loss above 1979.8; if the price holds above that level, it would indicate a stronger-than-expected rebound and invalidate the bearish structure. The target is the previous-low support zone at 1878.3. The main risks are that the price breaks below 1876.4 without pulling back, leaving the limit order unfilled (there is about $190 million in long-liquidation fuel in the zone below, and a continued decline could reinforce itself), or that a stronger-than-expected rebound immediately reaches 1977.8. #ETH #ETH Price Analysis