Coin : $BTC and $ETH
Signal : SHORT
Ethereum just performed a classic false breakout above its local range highs, only to swiftly reject and fall back into its prior value area. Currently trading below the Fair Value Gap (FVG) and back inside its volume profile, ETH is showing early signs of market weakness. This re-entry into the consolidation range suggests the asset isn't yet ready for continuation higher, and we may see price drift back toward the support zone between $1980–$2480 in the coming days. Given this structure, the breakout appears more like a liquidity grab than a genuine trend shift.
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With the new weekly and monthly candles having just opened, both Bitcoin and Ethereum are struggling to establish bullish momentum. There's a noticeable lack of follow-through from buyers at key levels, adding to the bearish case. From a price action and structural perspective, this looks like a setup for further downside or prolonged consolidation. Based on this context, I'm taking a short position and positioning for a potential retrace back to the lower bounds of the range.
Trade setup (don't take entry without proper money management skill and support)
BTC :
tp- 102000
sl- 107000
ETH :
tp - 2480
sl - 2690
this one is a risky trade dont trade without proper trading and money management knowledge.
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