【ETH's rally is losing momentum? Short-term top signals are emerging, and a pullback may be imminent!】

Structural Analysis (1H + 4H)

4-Hour Level

Current price 2419 has entered the high-level zone (2380–2450)

After continuous rallying, it enters a high-level sideways consolidation

There is obvious selling pressure near 2450 above

Essential structure:

High-level consolidation after an uptrend → Increased need for a correction

1-Hour Level

Shows a sharp rise followed by a pullback + increased upper shadow

The high point has not been effectively broken through, momentum weakens

Short-term moving averages begin to flatten or turn downward

Core essence:

Bullish momentum is exhausted → Short-term shorting opportunity appears

Bearish outlook (core basis)

Short-term gains are large → Correction demand exists

Stagnation at high levels + multiple failed attempts to break higher

If it falls below 2390, it will confirm a pullback structure

Currently:

End of the uptrend → Bears are more cost-effective

Conclusion:

Prioritize shorting at high levels rather than chasing longs

ETH today’s short position strategy

Entry point: 2419

First target: 2393

Second target: 2368

Stop-loss level: 2450