Monday Morning | A Simple Take on ETH Price Action

From a structural perspective, the lower boundary of the previous triangle consolidation has been broken,
and it’s not a false breakout but a true break after multiple tests, with the bears continuously releasing pressure.
Currently, this state is not about being unable to fall,
but about gathering strength, preparing for the next wave downward.
The price is still pressing below a key resistance,
so the simple idea is: any rebound is an opportunity to short.
The overall rhythm remains weak,
and this slow, gradual decline is likely to continue for a while.
Trading reference:
Short ETH in the 2210–2250 range
Target levels: 2185 → 2125 → 2045
In a nutshell:
The trend is bearish, short on rebounds, don’t try to catch the bottom. #Gate现货衍生品双双冲进全球前三 #Meta推出AI模型MuseSpark #美伊停火协议谈判再生变故 #Gate广场四月发帖挑战 $BTC $ETH $RAVE