Ethereum
Short
Updated

ETH/USD – Bearish Shift After Distribution

1 106
This 1H ETH/USD chart highlights a clear transition from consolidation to distribution and then into a bearish trend. Price first ranged in tight consolidation zones before a bullish breakout that ultimately failed, forming a double top near the highs. A confirmed CHoCH (Change of Character) signaled bearish control, followed by rejection from a Fair Value Gap (FVG) within a descending channel.
With downside momentum increasing, price is now targeting lower liquidity levels, with $2,833 as the first target and $2,728 as the second. Overall structure favors continuation to the downside unless price reclaims the channel and invalidates the bearish bias.
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my first target has been successfully achieved market will go down to the next target soon what do you think leave your feedback traders
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my both target has been successfully achieved

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