ETH · 1H · DOWNTREND
The two-step short setup I've been carrying forward since Friday is still the read — the trigger zone of 2,290–2,310 has not been reached, the invalidation at 2,331 has not been touched, and both targets at 2,051 and 2,013 remain live. Since Saturday's read the range has been a tight 2,210–2,251, price is now at 2,240, and the structure hasn't changed: lower highs and lower lows on the daily, the post-election spike to 2,450 fully given back, and regulatory concerns cited in headlines hitting the broader market. The 2,180 liquidation cluster below acted as a magnet on the recent flush to 2,210 and held — that's the near-term floor. I'm not adding anything new here, I'm waiting for the same thing I was waiting for yesterday.
CONTINUATION SCENARIO
Carried forward from
Fri, 06 Nov 2026 · SHORT (conditional)
Confirmation
2,290
Already defined — on a rally to 2,290–2,310, a 1H close back below 2,270 confirms the rejection; the zone has not been reached and the trigger remains a forward event.
Invalidation
2,331
1H close above 2,331 — unchanged.
Resistance: 2,310 / 2,331
Support: 2,180 / 2,051
This is not financial advice. Content is AI-generated.