ETH is in a confirmed downtrend printing lower highs and lower lows since the 2420 peak. Price broke below 2000 psychological support, bounced to 2010, and is now sitting at a key breakdown level with 2020 to 2040 acting as resistance. This bounce looks corrective. Bias is short at 2010, stop above 2055, targeting 1960 then 1920. Risk reward up to 2 to 1.

This is not financial advice. Content is AI-generated.