$ETH is setting up a high-probability short rotation as price retests $2,550, with room to add into $2,600.
The orderflow is clear: that second push above the $2,670 high was a clean liquidity grab that left behind a heavy inverted hammer rejection. Downside continuation carries overwhelming probability from here.
Local support sits at $2,460. Once that gives way, expect a fast expansion into $2,360. Hard invalidation: a sustained close above $2,670 kills the thesis instantly. Heavy short bias here—do not baghold underwater longs.
$ETH #Ethereum✅ #cryptotrading #priceaction
The orderflow is clear: that second push above the $2,670 high was a clean liquidity grab that left behind a heavy inverted hammer rejection. Downside continuation carries overwhelming probability from here.
Local support sits at $2,460. Once that gives way, expect a fast expansion into $2,360. Hard invalidation: a sustained close above $2,670 kills the thesis instantly. Heavy short bias here—do not baghold underwater longs.
$ETH #Ethereum✅ #cryptotrading #priceaction
