@shahin92
ETH/USDT
• Market structure is bearish. Clear sequence of lower highs and lower lows.
• Multiple BOS to the downside confirm strong sell-side control.
• Price is reacting after a sell-side liquidity sweep near the discount zone.
• Current bounce looks like a relief pullback, not a trend reversal.
• Price is still below key equilibrium → bearish bias remains.
• Nearest resistance: 2,275 – 2,366 (prior demand turned supply).
• This zone aligns with a bearish order block.
• Expect mitigation → rejection if sellers defend.
• Bullish continuation only if price reclaims and holds above 2,366.
• Failure here opens path back to 1,920 liquidity and possibly deeper discount.