Ethereum / TetherUS
Short

BEARISH DIRECTIONAL BIAS

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ETH is showing a clear bearish structure on the daily timeframe, and as we scale down to the 4H and 1H charts, price has formed bearish Fair Value Gaps that may act as short-term reaction zones, potentially driving ETH toward $2,512 on the 4H timeframe and $2,373 on the daily, while on the higher 1-month timeframe, a significant order block exists that could induce a bullish relief rally if price closes below the 4H and daily lows, providing a potential area for buyers to step in and temporarily counter the broader downtrend.

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