⟠ $ETH continues trading under significant pressure as bearish momentum remains firmly in control. 💰 Current Price: 1998.62 USD 📉 24H Change: -1.72% 📊 Technical structure remains weak: 🔴 Price is trading below EMA34 (2192.53) and EMA89 (2182.20) 🔴 Daily trend remains bearish 🔴 MACD continues expanding to the downside 🔴 M5, M15, and M30 market structure remain bearish with multiple BOS and bearish OB formations 📉 RSI H1 sits at 41.60, showing weakness but not yet signaling a confirmed reversal. 🌊 Elliott Wave analysis suggests wave 5 to the downside may still be in progress, indicating sellers continue to dominate market structure. Key levels to monitor: 🔴 Resistance: • 2030.00 • 2035.91 🟢 Support: • 1976.48 • 1967.00 As long as price remains below major resistance zones, the broader trend remains tilted to the downside. 🎯 Current setup: 🔴 SELL 📍 Entry: 2014.31 🛑 SL: 2050.32 ✅ TP1: 1976.48 ✅ TP2: 1967.00 ⚖️ Risk/Reward: 2.1:1 The setup is based on a Lower Bollinger Band entry on H4 combined with a retest of a bearish order block on M15, while targets align with nearby technical support zones. 🧠 Bigger picture: ⏱ Day Trend: 🔴 📅 Week Trend: 🔴 No confirmed reversal signal has appeared yet, and overall structure continues favoring sellers until key resistance levels are reclaimed. ⚠️ This analysis is intended as a trend reference only, not a direct trading recommendation. Risk management remains critical, with exposure typically limited to 1–2% per trade. $ETH