$ETH
Bias: bearish short
Entry: 2568.05
Tp1: 2543.10
Tp2: 2522.37
SL: 2601.49
Analysis: ETH/USDT â Bearish Analysis đ
ETH is around $2,570, and the short-term structure is bearish, especially on the 4H. Current technical data shows the 4H outlook as strong bearish, while the daily/weekly trend remains bullishâso this is better treated as a short-term bearish setup, not a confirmed higher-timeframe reversal.
Bearish points:
* 4H momentum is strongly bearish; 4H RSI is around 28, showing heavy selling/oversold conditions.
* Daily MACD is negative and RSI is around 40, supporting weaker momentum.
* ETH is trading below the important $2,600â2,635 resistance area.
* Major moving averages around $2,615â2,680 create additional overhead resistance.
Key levels
đŽ Resistance: $2,600â2,635
đŽ Major resistance: $2,675â2,700
đą Support: $2,539
đą Next: $2,477
đą Major downside: $2,424
Bearish scenario
If ETH gets rejected around $2,590â2,635:
$2,590 â $2,539 â $2,477 â $2,424
The cleanest confirmation would be a 4H close below $2,539. That would strengthen the continuation toward $2,477 and potentially $2,424.
Bias: bearish short
Entry: 2568.05
Tp1: 2543.10
Tp2: 2522.37
SL: 2601.49
Analysis: ETH/USDT â Bearish Analysis đ
ETH is around $2,570, and the short-term structure is bearish, especially on the 4H. Current technical data shows the 4H outlook as strong bearish, while the daily/weekly trend remains bullishâso this is better treated as a short-term bearish setup, not a confirmed higher-timeframe reversal.
Bearish points:
* 4H momentum is strongly bearish; 4H RSI is around 28, showing heavy selling/oversold conditions.
* Daily MACD is negative and RSI is around 40, supporting weaker momentum.
* ETH is trading below the important $2,600â2,635 resistance area.
* Major moving averages around $2,615â2,680 create additional overhead resistance.
Key levels
đŽ Resistance: $2,600â2,635
đŽ Major resistance: $2,675â2,700
đą Support: $2,539
đą Next: $2,477
đą Major downside: $2,424
Bearish scenario
If ETH gets rejected around $2,590â2,635:
$2,590 â $2,539 â $2,477 â $2,424
The cleanest confirmation would be a 4H close below $2,539. That would strengthen the continuation toward $2,477 and potentially $2,424.