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ETH short-term structure is skewed towards consolidation, with obvious resistance pressure above.
The 2180–2200 range has formed a dense pressure zone. Two days ago, it surged to 2200 but was blocked and retreated. Yesterday's probe also stopped at 2175, indicating heavy selling pressure above, with bulls unable to achieve an effective breakthrough.
From the 4-hour perspective, the Bollinger Bands are flat, with price action within the range. Current market rhythm is mainly consolidation-driven, with no clear directional continuation signal yet.
Operationally, scale into short positions on rebounds near 2160–2180, targeting the 2100–2050 zone.
Overall, before breaking out of the range, continue to treat it as a consolidation pattern and patiently await positioning opportunities. $GT $ETH