ETH 1H downtrend intact. Lower highs and lower lows from 2,420 down to current price near 2,016. Key resistance at 2,040, the prior breakdown zone where every bounce has been sold. No base forming and no bullish catalyst in sight. Trader is short, targeting 1,980 then 1,940, with entry on a failed retest of 2,040 and stop at 2,065. Risk reward 2.4 to 1, confidence high.

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