$ETH feels heavy right now. That sharp drop shows strong selling pressure, and buyers are still weak. Price is moving sideways after the fall, which often means another push is coming.
Momentum is still bearish. Lower highs and slow candles tell us bulls are tired while sellers stay in control.
Support sits near 1970. If this breaks, the fall can speed up fast. Resistance is around 2015 to 2045 where sellers already stepped in before.
Trade idea short
Entry 1985 to 2000
Target 1960 then 1935
Stop loss 2025
If price tries to climb, it may just be a trap before another drop. Stay sharp, this zone is dangerous and fast moves can happen anytime
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ETH
2,030.18
+1.06%