ETH intraday trend, current price around 1550. Daily bearish trend is clear, in a repair phase, overall bearish. Bounce resistance is obvious, high-leverage long orders are being continuously cleared. First resistance 1590-1600, difficult to hold on the first attempt. Strong resistance 1650. Short-term support 1540, strong support 1510-1500. If lost, a deep space will open.

Entry range: short near 1590

Target: 1520-1500

Today, big Bitcoin options expire, which will amplify price fluctuations and likely cause wicks. As long as it does not hold above 1630 during the day, all bounces should be shorted from high levels.

Brothers, our third target is almost here #eth