Massive sell-side liquidations are flooding the $ETH orderbooks as the 1H Bearish Engulfing slices through support. With $BTC under pressure, the EMA20 2328.276 rejection confirms institutional distribution. RSI 44 and 24h Change 2.4% show the weakness. R:R 1:2.25.

Entry: 2319 | SL: 2361.9 | TP1: 2261.09 | TP2: 2222.47

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