$ETH SHORT 1HR Ethereum / TetherUS PERPETUAL CONTRACTBINANCE:ETHUSDT.Porigami_capital33## ETH 1H โ Flipping Short ๐งต **Current Price: $2,228.58 | -0.56%** --- Same playbook as BTC. Supply zone tapped. Short activated. ๐ --- ### What Just Happened ETH pushed to **$2,257.55** โ hit the **-OB / supply zone** ceiling perfectly and immediately rolled over. Currently printing red. The rejection is live. ๐จ That purple line at **$2,270.70** has been the wall since April 8. Price spiked above it to $2,257 โ swept the buyside liquidity sitting there โ and is now retreating. **Classic liquidity grab.** ๐ชค --- ### The Structure - ๐ด **-OB / Supply** ($2,245โ$2,292) โ tapped and rejecting right now - ๐ด **Purple line** ($2,270.70) โ buyside liquidity swept โ - ๐ด **Alligator** โ jaw $2,203 / teeth $2,208 / lips $2,215 โ all below, price extended - โ **MSS** printed on April 7 โ bullish structure that's now being tested - โ **BOS** confirmed on the way up - โ **+OB** ($2,030โ$2,050) โ the macro support below - ๐ฏ **Green target zone** ($2,047โ$2,245) โ full downside range - ๐ฏ **$2,047.06** โ the macro short target ๐ --- ### The Alligator Is Screaming ๐ **Jaw:** $2,203.95 **Teeth:** $2,208.82 **Lips:** $2,215.65 Price at $2,228 is **above all three lines** โ extended and due to revert. Every time ETH has gotten this extended above the Alligator in this price range โ it came back to the jaw. **Jaw target: $2,203.** That's your first gravitational pull. ๐งฒ --- ### The Trade > ๐ **Short entry:** $2,228.58 (right now) > ๐ **Invalidation:** Clean 1H close above $2,292.20 > ๐ฏ **TP1:** $2,203 (Alligator jaw) > ๐ฏ **TP2:** $2,160 (previous consolidation) > ๐ฏ **TP3:** $2,047.06 (green zone bottom / +OB area) ๐ **Total downside to TP3: ~8%** ๐ --- ### The Two Purple Lines Tell The Story ๐ฃ **Purple line 1: $2,270.70** โ buyside liquidity. Swept. โ Fuel gone. **Purple line 2: $2,273.81** โ the -OB ceiling. Rejected. โ Supply confirmed. Two purple lines. Both doing their job. Price got caught between them, grabbed every stop above $2,245 โ and now has nowhere to go but down. ๐ --- ### Correlated With BTC ๐ฑ BTC just flipped short from $73,255 supply zone. ETH just rejected from $2,257 supply zone. **Both happening simultaneously** โ this is not a coincidence. When the correlation confirms โ **the move is real.** ๐ฏ | Asset | Entry | Stop | Target | Move | |-------|-------|------|--------|------| | **BTC** | $72,654 | $74,280 | $67,570 | ~7% | | **ETH** | $2,228 | $2,292 | $2,047 | ~8% | ETH slightly more downside โ higher beta working in our favour on the short side. ๐ฐ --- ### For The Followers ๐ฑ We went long ETH at $2,187 this morning. It delivered to $2,257 โ **TP1 hit.** ๐ฏ Now we flip. Same zone that stopped the bulls is our short entry. The -OB didn't break. The purple line held. **Buyside swept. Supply confirmed. Short activated.** ๐ป No ego. No bias. Just structure. ๐ --- *BTC short. ETH short. The supply zones are doing their job. ๐ค* *Not financial advice. ๐*