Trading Strategy: Sell empties from 2140–2150, aiming for 2050

Similar to BTC, ETH is currently also in a bearish-dominant pattern.

However, in terms of specific execution, the market shows some subtle signals—whales are still selling, but “smart money” has started making tentative buys. It is recommended to prioritize a “short on rallies” strategy and closely monitor how key support levels hold.

More specifically, the core logic is as follows:

📉 Why is the short term still biased bearish?

· Main capital leaving: Last week, Ethereum fund outflows totaled $249 million, and yesterday a whale transferred 225,000 ETH to exchanges (the largest inflow in half a year). This indicates large holders are actively preparing to sell.

· Technical pressure: Price has fallen below the $2150 level, and the 4-hour chart shows a bearish structure of “sharp drop–weak rebound.” The $2150–$2180 zone above acts as a strong resistance area.

🤔 Who is “holding up the bottom”? Watch the smart money’s moves

Even though selling pressure is heavy, the market is showing divergence:

· Buying against the trend: A “smart money” address that built a position in 2016 has bought a total of 6,628 ETH over the past 3 days (average price around $2154) and is currently slightly down.

· This usually means: although the main force is bearish, there is long-term capital showing willingness to absorb near $2100. After a short-term sharp drop, there may be some resistance.

🎯 Today’s trading range

Until the trend turns, “selling high” is still the main idea. It is recommended to give up chasing shorts and wait to short again after a rebound.

· Shorting reference (main strategy): Focus on the $2150–$2180 area. This is a high-density zone for positions; entering when the rebound loses momentum may be more reliable.

· Support below: The current $2070–$2080 is a key line of defense in the short term. If it breaks with increased volume, it may accelerate the move down toward the $2000–$2050 range.

· Stop-loss discipline: If the 4-hour candlestick body closes above $2180, shorts should temporarily exit and observe.

⚠️ Special reminder: Around tonight’s US stock market open, market volatility may increase. Also, do not directly chase shorts—wait for a rebound above $2150 to look for opportunities.