ETHUSDT — Bearish Consolidation Before FVG RetracementEthereum / TetherUS PERPETUAL CONTRACTBINANCE:ETHUSDT.PquantativeAlphaOn the 4H timeframe, ETHUSDT is showing a clear bearish structure following a strong downside displacement, with price now entering a consolidation phase near the lows. The small-bodied candles indicate indecision and low momentum, often a precursor to a liquidity-driven move. Price is currently trading in a discount zone, but according to ICT principles, markets tend to rebalance inefficiencies before continuation. This makes the large Fair Value Gap (FVG) above (~2220–2250) a key area of interest. Projected ICT scenario: Price dips slightly lower or continues ranging to build sell-side liquidity below equal lows Then initiates a retracement upward into the FVG (premium zone) Possibly taps into internal liquidity / minor highs Forms a rejection with bearish confirmation (CHoCH on lower timeframe) Continues downward targeting sell-side liquidity (~2170 and below) The consolidation structure suggests that the market is engineering liquidity before the next expansion, with equal lows acting as inducement for traders expecting immediate downside. Key confluences: Bearish market structure (lower highs and displacement) Consolidation at lows (liquidity build-up) Large FVG above acting as retracement target Sell-side liquidity resting below equal lows Execution idea: Avoid chasing shorts at current levels. Instead, wait for price to retrace into the FVG and confirm rejection before entering short positions. Invalidation: If price breaks above the FVG and holds, it may signal a deeper bullish correction rather than continuation. This is not financial advice. Always apply proper risk management.w