Ethereum topped out at $1,980, slid steadily lower into $1,820, and is now bouncing back around the $1,855 area.
The 4-hour and 12-hour moving averages, the prior swing high, and the top of the gap left by the drop all stack between $1,874 and $1,892.
A move above $1,914 would mean this is a genuine trend change rather than a bounce, so the stop sits above that, and reclaiming $1,900 is the first decision point.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.