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ETH Lost the Accumulation – This Breakdown Shifts the BearishHello Traders....On the H1 timeframe, Ethereum has just delivered a critical structural signal by breaking decisively below the prior accumulation zone, confirming that the range was not continuation but distribution. The sharp impulsive sell off from the upper boundary of the range is not random volatility it reflects a clear rejection from value and a transition into a bearish phase. For an extended period, ETH was compressing inside the 3,260–3,400 region, where price respected the EMA and rotated cleanly. However, the most important detail is how the breakdown occurred. Price did not drift lower gradually; instead, it collapsed impulsively through the range low and the EMA 98, signaling that buyers were no longer defending value. This type of move typically marks the start of a markdown cycle, not a temporary stop run. After the breakdown, ETH is now attempting to stabilize around the 3,210 area, but this should be viewed as a weak corrective pause, not a base. Former range support has flipped into resistance, and price is struggling to reclaim it. This behavior is consistent with bearish market structure, where rebounds are sold and upside follow-through remains limited. The next key area of interest lies at the 3,150–3,160 support zone, which represents the first meaningful demand below the range. If price continues to fail below 3,220, a rotation toward this zone becomes the higher-probability scenario. Any shallow bounce into the 3,240–3,260 region would likely serve as liquidity for sellers, rather than a signal of renewed strength. From a cycle perspective, ETH has transitioned from accumulation → distribution → markdown. Until price can reclaim the broken range low and hold above it with acceptance, the path of least resistance remains to the downside. Buyers had their opportunity inside the range the market has now made its decision. In summary, Ethereum is no longer consolidating it has resolved lower. As long as price remains below the former accumulation zone, bearish continuation toward deeper support levels remains the dominant technical scenario, and rallies should be treated with caution rather than optimism.
COINBASE:ETHUSD
by XauMasterNetwork
ETH 4H Cup & Handle Fails at the Pivot 1. Higher-Timeframe Structure Context On the 4H chart, ETH previously developed a well-defined Cup & Handle structure, with a clean rounded base, midpoint recovery, and a strong impulsive rally into the pivot resistance zone near 3,400. This move initially signaled accumulation transitioning into markup. However, price failed to sustain above the pivot, and the rejection was sharp and impulsive a critical warning sign that buyers were not yet in full control. 2. Cup & Handle Breakdown Dynamics Instead of holding above the handle low and grinding higher, ETH lost the handle support decisively, invalidating the bullish continuation in the short term. Key observations: - The handle breakdown occurred with large bearish candles, not compression - This indicates supply dominance, not a healthy pullback - The “current close” sits below the handle low — structurally bearish When a Cup & Handle fails like this, price often rotates back toward the base, rather than immediately resuming higher. 3. Key Levels & Zones Pivot Resistance: ~3,400 → Major rejection, unmitigated supply Handle Low / Flip Zone: ~3,260 → Now acting as resistance Midpoint of Base: ~3,160 → First reaction level Base Demand Zone: 3,000 – 3,050 → High-probability liquidity target if selling continues The projected path on the chart aligns with a distribution → markdown rotation, not immediate continuation. 4. Trend & Momentum Assessment The impulsive rally into the pivot was followed by: Failure to form higher highs Breakdown of short-term structure Loss of bullish momentum This sequence typically reflects bull exhaustion, especially after a pattern becomes obvious and crowded. Unless ETH can reclaim and hold above 3,260–3,300, upside attempts remain corrective. 5. Scenarios Going Forward 🔽 Bearish Continuation (Primary Scenario) Price fails to reclaim handle low Weak bounce followed by continuation lower Rotation toward 3,100 → base demand zone (~3,000) 🔼 Bullish Recovery (Lower Probability) Strong reclaim of 3,260, followed by acceptance Compression below pivot Only then does a renewed breakout attempt toward 3,400+ become valid Without that reclaim, bullish bias is premature. 6. Trading Perspective Bias: Cautiously bearish / corrective Failed Cup & Handle favors mean reversion, not breakout chasing Shorts favored on: Weak pullbacks into 3,260–3,300 Longs only justified after clear structure reclaim Summary ETH’s Cup & Handle has failed at the most important level the pivot. This is not a normal pullback; it’s a structural rejection. Until buyers prove strength by reclaiming key levels, the path of least resistance remains downward toward the base, where real demand must step in. In this phase, discipline matters more than prediction let structure confirm before committing bias.
COINBASE:ETHUSD
by Mathew_TraderGold
ETH Sweeps Demand — Reset Before the Next Expansion?ETH has just delivered a sharp sell-off into a clearly defined demand zone, breaking down from the prior upside structure and flushing late buyers. This move looks more like a liquidity reset than a trend reversal, as price is now reacting around a high-interest support area rather than accelerating lower. The previous accumulation zone has failed, confirming short-term weakness. However, the current reaction inside demand suggests sellers may be losing momentum after the impulsive drop. If ETH holds above the support premium zone, a corrective base could form before price attempts to rotate back toward the 3,27x–3,32x resistance range. A clean reclaim and acceptance above the former demand-turned-resistance would open the door for a push back into the resistance premium zone near 3,38x–3,40x. Conversely, failure to hold current support would expose ETH to a deeper pullback toward the 3,05x liquidity zone, completing a full corrective leg before any sustainable upside resumes. ➡️ Key focus: Demand zone reaction and structure shift confirmation.
COINBASE:ETHUSD
by RexTraderGOLD
2
ETH/USDT 4H chart🧭 Trend Context • Main Trend: Up – clear HH/HL breakout. • Price respects the uptrend line (orange). • The last upward impulse was very strong (dynamic breakout to ~3400). ⸻ 📊 Key Horizontal Lines 🔴Supports • 3188–3200 – local support + prior S/R flip • 3130 – strong structural support • 3052 – last line of trend defense (critical) 🟢 Resistances • 3232 – current resistance (price reaction now) • 3317 – important resistance/consolidation • 3404 – high impulse (local ATH) ⸻ 📐 Price Structure • The drop from ~3360 to ~3188 looks like an impulse correction, not a trend reversal. • Currently, the price: • has rebounded from support • is above the trend line • is fighting against 3232 👉Into the decision zone. ⸻ 📉 Stochastic RSI • Was oversold (0–20) • Now retracing upward • Potential for an uptrend, but no confirmed breakout ⸻ 🔮 Scenarios ✅ Baseline scenario (bullish – more likely) Conditions: • Hold >3188 • Breakout and 4-hour close above 3232 Targets: • 3317 • 3400–3420 ⸻ ⚠️ Corrective scenario If: • Rejection from 3232 • Reversion to the downtrend Targets: • 3188 • 3130 • Extreme: 3050 (still uptrend)
by cryptodailyuk
1
ETH - Does THIS FRACTAL Look Familiar ??Hello Fellow Traders So on this chart, we see some very interesting developments. What we see is Ethereum making a parabolic increase during the bullish cycle, which lasts approximately the same amount of time, which is roughly around 4 - 5 months. We then see the start of a correction as soon as the parabolic curve is lost and the first three impulse waves down is characterized by the second point, (point B) being almost as high as the all-time high. And then the price further corrects to C, which is minus 40 - 50% of the total price. After which we then see a period of range trading almost characteristically seeing higher lows again and again. We do not see higher highs. We then see another impulse wave up over 2-3 months, marked by a 30% increase (upside correction): The price will likely spike, and then fall to lower lows as it did with the previous fractal, Where -60% puts us as $1600:
Short
by Crypto-Check-
25
ETH – Correction in play, patience matters hereETH did exactly what we were expecting. Price got rejected from the upper bound of the wedge, and that rejection triggered the correction phase. Now the focus shifts lower. As long as ETH holds the lower bound of the wedge, which also aligns nicely with the demand zone, the overall bullish structure remains intact. I’ll be patiently waiting for trend-following long setups from support, once the market shows clear rejection. Let the setup come to you... ⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly. 📚 Stick to your trading plan regarding entries, risk, and management. Good luck! 🍀 All Strategies Are Good; If Managed Properly! ~Richard Nasr
Long
by TheSignalyst
7
ETH, trying to breakout, multiple attempts 200EMA and R1 pivotCRYPTOCAP:ETH 🎯Wave 1 appears to have completed a leading diagonal. Wave 2 appears complete with the recent higher low, but we need to break above wave 1 for confirmation. Price was rejected at the daily 200EMA and R! pivot, but is attempting to break through again. Overcoming this will be very bullish, especially as we are above the daily pivot. 📈 Daily RSI is printed hidden bearish divergence, followed by another bearish divergence. A move above wave (1) is essential to negate this, or prices could head to new local lows. 👉 Analysis is invalidated below wave (2) Safe trading
COINBASE:ETHUSD
by Maddox_Metrics
ETH — Higher Lows Building Above 3K. Dip or Breakdown Signal?Since the low near 2600 in late November last year, Ethereum printed a strong initial leg higher toward 3500. More importantly, the market established a very solid floor just under the psychological 3000 level. Since the end of last year, ETH has been gradually forming: ✅ higher lows ✅ higher highs …a structure that supports the idea of further upside continuation. 🔎 Today’s Move: Drop, But No Technical Damage Today’s Asian session opened with a downside move. However, this drop has not violated: - the recent trendline support - the key horizontal support zone For now, this looks more like a pullback within an emerging bullish structure, not the start of a new bearish leg. 📌 Outlook & Levels In my view, this pullback may provide a decent opportunity to position for another leg higher, potentially targeting: ➡️ 3500 ➡️ and even 3700 in the next period That said, one level must remain intact. ⚠️ Negation Level If ETH loses the 3050–3100 zone, then the probability shifts toward: ❗ resumption of the longer-term bearish trend ✅ Conclusion Until that breakdown happens, my idea is simple: 👉 Buy dips, as long as structure holds. 🚀
COINBASE:ETHUSDLong
by Mihai_Iacob
1
Ethereum Holding the Line — Range Compression Before ExpansionEthereum on the H1 timeframe is currently trading inside a clear consolidation range after a strong impulsive rally. Price is oscillating between a key support band around 3,280–3,300 and multiple overhead resistance levels at 3,397 → 3,433 → 3,475. This is classic post-impulse behavior, where the market pauses to rebalance liquidity before choosing direction. From a price action perspective, buyers have repeatedly defended the same horizontal support zone, with several clean rejections to the downside but no sustained acceptance below it. Each pullback into this zone is met with demand, suggesting that sellers lack strength to extend a deeper correction. The structure inside the range is overlapping and corrective a sign of consolidation, not distribution. The EMA (yellow) is rising and running directly through the support area, reinforcing this zone as dynamic support. As long as price holds above this EMA and the horizontal base, the broader bullish structure remains intact. The recent downside probe labeled “BREAK” appears more like a liquidity sweep rather than a true breakdown, as price quickly reclaims the range. Bullish scenario: If ETH continues to respect the 3,280–3,300 support and builds acceptance, a push toward 3,397, followed by 3,433 and ultimately 3,475, becomes the higher-probability path. A clean breakout and close above the upper resistance would confirm continuation. Bearish scenario: A decisive H1 close below 3,280, with acceptance under the EMA, would invalidate the range support and expose the lower liquidity pocket near 3,180–3,200. ➡️ Key support: 3,280–3,300 ➡️ Key resistance: 3,397 → 3,433 → 3,475 ➡️ Market state: Consolidation after impulse ➡️ Bias: Neutral → Bullish while support holds Ethereum is not trending yet it’s coiling energy for the next expansion.
COINBASE:ETHUSD
by HENRY_TraderGold
Ethereum Is Completing a Classic Head & Shoulders1. Current Market Structure Ethereum has transitioned from a strong bullish impulse into a clear distribution structure on the H1 timeframe. After the vertical rally from the 3,100 area, price formed a well defined Head & Shoulders pattern, signaling exhaustion rather than continuation. The left shoulder and right shoulder are symmetrical, while the head marks the final aggressive push that failed to attract sustained demand. Since then, price has shifted into lower highs and overlapping candles, confirming loss of bullish control. This is no longer an impulsive uptrend it is a corrective-to-distributive phase. 2. Key Zones & Market Positioning Major Supply / Head Zone: 3,390 – 3,420 → Strong rejection, distribution confirmed Neckline / Key Support: ~3,280 – 3,265 → Structural decision level Intermediate Demand: ~3,220 Final Downside Liquidity Target: 3,080 – 3,100 Price is currently hovering just above the neckline, which is typical behavior before a decisive breakdown in classical H&S structures. 3. EMA & Momentum Context The EMA 98 is still rising and located below price, which explains the temporary pauses and bounces. However, price is now trading below prior momentum highs, and EMA support is flattening. This often occurs before deeper pullbacks as late buyers get trapped above the neckline. Momentum is clearly weakening bullish candles are corrective, not impulsive. 4. Liquidity & Pattern Psychology The Head & Shoulders structure reflects a distribution of long positions: - Early buyers took profit near the head - Late buyers entered near the right shoulder - Liquidity now rests below the neckline Once the neckline breaks and acceptance occurs, price typically accelerates quickly as stop-loss liquidity is released. 5. Market Scenarios 🔽 Primary Scenario – Bearish Continuation (High Probability) Clean break and close below 3,265 Retest of neckline fails Expansion toward 3,220 → 3,080 This move would be a healthy correction within the broader uptrend, not a macro reversal. 🔼 Invalidation Scenario Strong reclaim and acceptance above 3,360 Break of right-shoulder structure This would neutralize the H&S pattern and reopen bullish continuation — currently unlikely without volume. 6. Trading Perspective Bias: Bearish (short-term) Avoid longs near the neckline Shorts favored on rejection or confirmed breakdown Best long opportunities appear after liquidity is swept lower Summary Ethereum is no longer in expansion it is distributing. The Head & Shoulders pattern is mature, momentum is fading, and liquidity is clearly building below the neckline. As long as price remains capped below the right shoulder, the roadmap remains straightforward: Distribution → Neckline Break → Liquidity Expansion Downward
COINBASE:ETHUSDShort
by XauMasterNetwork
ETH Trapped in a High-Range Box — Distribution or Another FakeEthereum is currently moving sideways inside a clearly defined range, following a strong impulsive rally. Price has been rejected multiple times from the upper boundary (~3,400) while repeatedly finding temporary support near the lower range (~3,270–3,280), signaling distribution behavior rather than healthy continuation. From a structure perspective, ETH is no longer printing higher highs. Each bounce from the lower range is becoming weaker and more compressed, while the EMA cluster below price is flattening, showing a loss of bullish momentum. This is a classic sign that buyers are absorbing liquidity without follow-through, often preceding a deeper correction. If price fails to reclaim and hold above the mid–upper range, the probability increases for a range breakdown, which would open downside toward the next liquidity pool around 3,180–3,140, where prior imbalance and unfilled orders sit. Only a clean breakout and acceptance above the range high would invalidate this bearish bias and restore trend continuation. ➡️ Market bias: Neutral → Bearish while below range high ➡️ Key focus: Range low reaction vs. breakdown confirmation
COINBASE:ETHUSDShort
by RexTraderGOLD
Ethereum Stuck Between Supply and DemandHello traders! Here’s a clear technical breakdown of ETHUSD (1H) based on the current chart structure. Ethereum previously delivered a strong impulsive bullish expansion, breaking out aggressively from the lower consolidation range. However, after reaching premium levels, price action has shifted into sideways-to-bearish rotation, with momentum clearly slowing. Recent structure shows failed continuation above the highs, followed by overlapping candles and weaker rebounds. This behavior suggests the market has transitioned from impulsive buying into distribution, rather than healthy consolidation for continuation. The overall structure is now neutral-to-bearish in the short term, as buyers struggle to reclaim control after the impulse. 🟦 SUPPLY & DEMAND – KEY ZONES Major Supply Zone: The 3,380–3,400 area is a clearly defined supply zone, where multiple bullish attempts were rejected. This zone represents strong sell-side interest and caps upside momentum. Immediate Demand Zone: The 3,270–3,290 region acts as near-term demand, where price has repeatedly bounced. However, reactions from this zone are becoming progressively weaker, indicating demand absorption. Lower Support Zone: If the current demand fails, the next major support lies around 3,160–3,180, which aligns with prior consolidation and higher-timeframe structure support. 🎯 CURRENT MARKET POSITION Currently, ETH is trading just above the immediate demand zone, but the bounce lacks impulsive strength. Price remains trapped between overhead supply and weakening demand, a classic setup that often precedes a breakdown rather than a breakout. This is a compression phase with bearish risk building, not bullish expansion. 🧠 MY SCENARIO As long as Ethereum remains below the 3,380–3,400 supply zone, upside is limited and rallies should be treated as corrective moves. A clean break and acceptance below the 3,270–3,290 demand zone would confirm distribution and likely trigger a move toward the 3,160–3,180 support zone. If buyers manage to defend demand and reclaim supply with strong bullish acceptance, the bearish scenario would be invalidated. Until that happens, the structure favors downside continuation. For now, Ethereum is compressing under supply, not preparing for continuation. ⚠️ RISK NOTE Compression zones can resolve aggressively. Wait for confirmation at demand or supply, avoid early bias, and always manage your risk.
COINBASE:ETHUSDShort
by Mathew_TraderGold
ETHEREUM - Bullish market behavior pattern. Confirmation?BINANCE:ETHUSDT is forming a consolidation in the $3300 zone in a “descending wedge” pattern, which is a relatively bullish market behavior model. The market is reacting to the improvement in the fundamental background, inflows of funds are increasing, and buyers are showing interest. Local trends are beginning to change for the better. After the rally, Bitcoin is trying to consolidate above 94-95K, and if it succeeds, we will have a green signal. Ethereum is consolidating and fighting for the 3300 zone after implementing a U-formation pattern. Overall, there are signs of bulls in the market, and if buyers keep the price above 3300, the market will have an opportunity for growth. The price is forming a descending wedge against the backdrop of a local bull market. A close above 3315 will be a confirming signal for growth. Resistance levels: 3315, 3383, 3450 Support levels: 3300, 3281 The price has consolidated above 3300 and above 3315, as well as broken the resistance of the descending wedge. If the bulls keep the price above these key areas, another bull run may form... Best regards, R. Linda!
Long
by RLinda
11
Bearish reversal off key resistance?Ethereum (ETH/USD) is reacting off the pivot, which has been identified as an overlap resistance and could drop to the 1st support, which is also an overlap support. Pivot: 3,390.47 1st Support: 2,725.92 1st Resistance: 3,838.62 Disclaimer: The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
ICMARKETS:ETHUSDShort
by IC Markets
ETH — Price Slice. Capital Sector. 3475.39 BPC 6.2© Bolzen | The Architect | BPC Framework Bolzen Market Institute 🏷 ETH — Price Slice. Capital Sector. TradingView Publication Date: 17.01.2026 🏷 3475.39 — price not yet reached at time of publication. 🏷 BPC — The Bolzen Price Covenant — Strength Index: 6.2 Quantum structure of obligations and capital flow in price formation via energy blocks. 🏷 Vertical chart — Energy Grid Dashboard. 🏷 Static Stream 1: price published in energy-block production sequence. 🏷 The price energy block is already ordered—not by time, but by execution priority. Crucially: block priority dynamically reconfigures in response to hidden energetic impulses, whereas price execution order records their market manifestation. Every price in the dynamic stream is tied to proprietary energy-production metrics inaccessible to the general public. Those who perceive structure before its manifestation do not follow price—they anticipate it. EΞ2Φ8Ψ45Θ·ζ⁻¹·106Λ732·Ω² 📎 Screenshot: 🏷 When trading from levels, use liquidity zones from BPC 10 and above. 🏷 Bolzen Liquidity Map — ETH (numerical equivalent): 🏷 I. Interactive Reference Guide: BPC — The Bolzen Price Covenant 🏷 P.S. English is not my native language — I offer no apologies for stylistic imperfections. What you see here is not a post. It is a demonstration of another level of preparation: the symbiosis of human intuition and algorithmic precision. Mathematics and aggressive market analysis — against the machine of liquidations. The persistent ETH and BTC Energy Grid Dashboard remains publicly accessible and is intended for international institutional review. Dear international community, I extend my gratitude to the TradingView moderation team for their impartiality and support of analytical work at the global level, as well as to all who follow my research. This platform serves as a space to demonstrate contributions to the advancement of market analytics. Attention and time are your most valuable resources. ATH is emotion; timeframes are your truest allies. Thank you. — The Architect BPC — The Bolzen Price Covenant
Long
by Bolzen_Market_Institute
1
$BTC 1W: Zoomed out update, Bullish Bitcoin update. BTC continues to look bullish on the weekly, and this move higher is happening in the right part of the structure. After the sharp pullback from the highs, price has reclaimed the mid-range and is now holding above the ~92–93k area, which previously acted as resistance. That reclaim is an important signal that buyers are still in control on higher timeframes. Structurally, this looks like a higher low forming within a broader uptrend rather than the start of a larger correction. The selloff was aggressive, but it failed to break key support near 73k, and the response since then has been constructive. Momentum has shifted back to the upside, and price is no longer trapped below prior value. The 95k region is now acting as a pivot. Holding above it keeps BTC in a strong position to challenge the upper range near 108k. A clean reclaim and acceptance above 108k would likely open the door to the next leg higher and continuation of the macro trend. As long as BTC remains above the low 90s on a weekly closing basis, the bullish thesis stays intact. Pullbacks should be viewed as consolidation within an uptrend rather than signs of failure, unless price starts losing reclaimed levels with momentum. Overall, BTC looks healthy here. This is strength returning after a reset, not late-stage blow-off behavior. Trend remains up, and the market is acting like it wants higher prices with time.
BITSTAMP:BTCUSDLong
by OnchainNewsBlog
Coinranger|ETHUSDT. Will it grows yet?🔥News 🔹No important news today. Potentially, Trump could start doing something in Iran. And, as we remember, in such cases, crypto can go down rapidly. 🔥ETH 🔹Stays within yesterday's forecast: 1️⃣ Levels above: 3373 and 3460. 2️⃣ Levels below with the minor changes: 3264, 3230, and 3160. We'll be following Bitcoin. For now, the priority is to go lower. The minimum target at the bottom is 3264. An upward move is fragile, but not impossible.
by CoinRanger
Range Control After Impulse — ETH Is Being Prepared, Not RejectCOINBASE:ETHUSD has completed a strong impulsive breakout and is now consolidating in a controlled range on the H1 timeframe. Price remains above the EMA cluster, confirming that the recent move was a bullish shift, not a false breakout. Price is currently rotating between 3,380–3,410 resistance and 3,260–3,280 support. Rejections at the top and consistent buyer reactions at support indicate range acceptance and post-impulse consolidation, not distribution. Sellers have failed to produce a lower low, keeping the bullish structure intact. The EMA cluster is rising and aligned with the lower range, reinforcing the view that pullbacks are corrective. As long as price holds above the EMAs, bearish continuation lacks confirmation. Primary scenario: continued range compression followed by a clean breakout above 3,410, opening the path toward 3,450+. Alternative scenario: acceptance below 3,260 would signal a deeper correction, though still within a broader bullish context. Summary: ETH is pausing after strength. This is consolidation, not weakness patience is required while the market prepares for its next expansion.
COINBASE:ETHUSD
by BlackGoldMarket
Ethereum Forms a Classic Head & ShouldersHello traders! Here’s a clear technical breakdown of ETHUSD (1H) based on the current chart structure. Ethereum recently printed a strong impulsive bullish rally, breaking above multiple resistance levels with clear momentum. However, after reaching the highs, price action has transitioned into distribution behavior, forming a well-defined Head & Shoulders pattern at premium levels. The structure is clear: a left shoulder, a higher head, and a lower right shoulder, signaling weakening bullish control. The market has shifted from impulsive expansion into overlapping, corrective price action, a classic sign that buyers are losing dominance while sellers begin to take control. 🟦 SUPPLY & DEMAND – KEY ZONES Major Supply / Distribution Zone: The 3,390–3,410 region acts as strong supply, where the head of the pattern was formed and aggressive selling pressure emerged. This zone caps upside attempts and defines the premium area. Neckline / Key Support: The 3,280–3,300 zone represents the neckline of the Head & Shoulders pattern. This is the most critical level on the chart, acting as short-term demand and structural support. Lower Demand Targets: If the neckline fails, downside liquidity sits at: - 3,230 – first demand and structure projection - 3,080–3,100 – major demand zone and measured-move target These zones define the potential bearish expansion path. 🎯 CURRENT MARKET POSITION Currently, ETH is trading just above the neckline, placing price at a high-impact decision zone. The recent bounce lacks impulsive strength, suggesting it is corrective rather than trend continuation. As long as price remains below the supply zone, upside is limited and vulnerable to rejection. 🧠 MY SCENARIO My scenario: As long as Ethereum fails to reclaim and hold above the 3,390–3,410 supply zone, the Head & Shoulders structure remains valid. A clean breakdown and acceptance below the 3,280–3,300 neckline would confirm the pattern and open the door for a move toward 3,230, followed by a deeper pullback into the 3,080–3,100 demand zone. If buyers manage to defend the neckline and push price back above resistance with strong momentum, the bearish pattern would be invalidated. Until that happens, rallies should be treated as corrective moves within a distribution phase. For now, Ethereum is at risk of structural breakdown, not in clean continuation. ⚠️ RISK NOTE Pattern-based setups require confirmation. Wait for acceptance below the neckline or invalidation above supply, avoid early bias, and always manage your risk.
COINBASE:ETHUSDShort
by XauMasterNetwork