$ETH Watch for short opportunities. Everyone online is calling for a rebound, but at this level it’s very likely to trap the chasing longs. The daily structure is still range-bound consolidation, and the bearish setup on the higher timeframe hasn’t broken. Price is clearly unable to rise through the resistance zone at 1920 to 1923. Take a look at the 15-minute timeframe: the RSI is around 43, and there’s still plenty of room for the bears to push it lower. Also, volume has surged by nearly 4x—this is real selling pressure, not a fake move. For defense, place it around 1937; to the downside, watch levels at 1910 and even 1891. Don’t blindly chase after a rise—keep risk control in mind. This rejection could keep gaining momentum.

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