$ETH is around $1,885, and from this chart the cleaner setup looks more short-biased right now. Price rejected near $1,936, which is close to the higher MA resistance, and it is now trading below the short-term MA around $1,908. The only reason I would not short blindly here is because ETH is already near support around $1,861 to $1,878.
Bias: Short on bounce
Entry zone: $1,900 to $1,920
Stop: above $1,940
TP1: $1,878
TP2: $1,862
TP3: $1,830 if selling pressure continues
For me, the key are...
Look, yeah we're chopping around on the lower timeframes — annoying as hell if you're checking the charts every hour. But zoom out a bit and nothing's really changed up top.
$ETH is still sitting above $1,800. That's the line. As long as we're holding there, I'm not losing sleep.
Still think we're heading toward $2,500 in the next few months. Not a promise, just the vibe I'm getting. Market's messy, but the structure's intact.