ETH · 1H · DOWNTREND

Price has been in a sustained downtrend since early May, printing lower highs and lower lows across the entire visible range — from ~$2,420 down to current price ~$1,936. The most recent structure shows a brief consolidation attempt around $1,980–$2,040 that rolled over hard into fresh lows. There's no base forming here — every bounce gets sold. The live news context confirms BTC is extending declines, with rotation and OBV deterioration adding macro weight to the bearish structure.

Setup: SHORT

- Entry: $1,960 (let price bounce into short-term resistance before pressing)

- Stop Loss: $2,010

- Take Profit 1: $1,900

- Take Profit 2: $1,840

- Risk/Reward: 1.2:1 to TP1 / 2.4:1 to TP2

- Confidence: HIGH