$ETH shows signs of an anticipated downward movement within the next two hours that is yet to develop. Reflecting on last night's abrupt sell-off, two main scenarios emerge:

1. Scenario 1: A drop to the range of 20–30 (in relation to key support levels) could trigger stop losses for traders holding short positions above this area.

2. Scenario 2: A bullish breakout above the previous high could trap short sellers.