Ethereum: Native The sweep at 1769.62 was a sign of hunting, not rising. As price approached the descending peak line (2464.91 → 2157.5), it encountered supply and extended down to 1769.62 to gather the stops below. The reaction I’m seeing now is a counter-trend breath following the liquidity taken from that level—not a new bullish breakout. Therefore, I’m interpreting the 1773.88–1861.48 range not as a demand zone, but as a reaction zone where sellers have re-entered. Current price is right within this band, and this is the first real test. If this area is rejected on a daily close, I see no meaningful step below; thus, my expectation remains bearish. The descending peak-trough structure on #ETH further supports this. My scenario: 1841.65 → 1967 → 1505.68. I’m targeting the bottom of the range because, after a sweep, it’s unlikely price will find a stable footing without first retesting the prior equilibrium zone. The only thing that would prove me wrong is a daily/weekly close reclaiming the 2081.55–2186.52 zone. In that case, I would accept that the descending peaks have been broken, supply has been exhausted, and the structure has turned bullish. Until then, I believe the directional bias for #crypto remains downward.