From this ETH 1-hour timeframe, the overall structure is already starting to look a bit weaker.



The previous wave dropped from 2358 down to around 2250, which shows that sell pressure overhead is very clear. Although there was a rebound in the middle, it can be seen that each rally still couldn’t break through to make a new high—this is a typical weak rebound. It feels more like the market is gradually weakening while consolidating.

Another detail is that the lower MA30 (2302) provides some support, but the price has repeatedly come back to test it. The support strength is weakening—once it breaks, it’s easy to see an acceleration move.

If the rebound reaches the 2340-2350 area, you can consider going short with a small position size. Put the stop-loss above 2360.

The first target below is around 2290. This area is a previous low support; after it breaks, you’ll then look at the support zone between 2260 and 2230
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