ETH is trading around $2,453.15 with a recent gain of +1.64%.

2. Trendline Break:

A rising black trendline has been broken to the downside, which often signals potential bearish momentum.

3. Fair Value Gap (FVG) Highlighted:

A 4H FVG (Fair Value Gap) is marked below the broken trendline, suggesting a price imbalance area where price may revisit before continuing in either direction.

4. Break of Structure (BoS):

There’s a BoS marked just before the breakdown, indicating a key structural shift — typically a sign that bears might be taking over.

5. Buy Side Liquidity Zone (around $2,700):

This is the upper liquidity pool marked where many stop-losses (buy stops) might reside — potential target if price reverses and moves upward again.

6. Downside Target Zone (~$2,324.29):

A clear support/liquidity zone is marked lower, aligning with a potential next target for bears. It’s also boxed in blue, emphasizing its importance.

7. Projected Move:

The yellow dashed arrows suggest a potential retracement to the FVG area before a continued move downward to the $2,324 region or lower.#MyCOSTrade $ETH