[ETH at a High "Fake Strength"? Bearish Opportunity Brewing]

Structure Analysis (1H + 4H)

4-hour timeframe

Current price 2134 has approached the prior resistance zone (2120–2150)

There are clearly multiple areas where price has repeatedly been rejected above

Overall structure:

Bounce to the resistance level → momentum weakens (a bearish signal)

1-hour timeframe

In the short term, after a spike up, price action turns sluggish

The candlesticks begin to contract in volume, with signs of upper wicks

This is a typical pattern of:

Spike up → divergence → possible pullback

Bearish logic (key basis)

Price reaches the 4H strong resistance zone (2120–2150)

On short cycles, upward movement appears lackluster + no breakout on increased volume

If it breaks below 2100, it will trigger a pullback to confirm

At the current location, it’s more suitable to look for shorts rather than chase longs

【ETH Today Short Trade Strategy】

Entry: 2135

First take-profit: 2111

Second take-profit: 2090

Stop-loss: 2171

ETH5,22%
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