$ETH repeated rejections near 2000 as bearish structure develops.

SHORT: ETH

Entry: 1986 – 2000

Stop-Loss: 2170

TP1: 1920

TP2: 1850

TP3: 1780

ETH continues to face selling pressure around the psychological 2000 region, with each rebound lacking strength and follow-through. Price is forming lower highs, signaling that supply remains dominant in the current structure.

Upside attempts are being absorbed quickly, while downside rotations are extending with better momentum. This imbalance suggests sellers are still in control, increasing the probability of a sweep below recent swing lows if rejection persists.

As long as 2170 remains intact as the invalidation level, the setup favors further downside progression toward the outlined targets.

Trade $ETH here 👇

ETH
ETH
1,945.2
-2.47%
ETH
ETHUSDT
1,944.04
-2.48%