ETH HLMC Alignment is Clear + Weekly R Level

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ETH HLMC Alignment is Clear + Weekly R LevelEthereum / US DollarCOINBASE:ETHUSDMKT_TRADEThis week, ETHUSD HLMC remains tight, combine it with the Pricemap's R level and the vision is clear. Note: With the R level 2129.17 below the MKT, the sentiment bias for the week remains bullish. 3 Scenarios: BULL: IF the MKT is good, a held trade of the PMC 2467.22 sets up a test of the PMH 2566.98. Over this, the Bull case ignites with a target focus up to the PYC 2966.85. NEUTRAL: The MKT is currently bound by a tight range of PMH 2566.78- PWL 2355.77. Continued failure to break either side puts this scenario in play. BEAR: IF the MKT is going to transition into a BEAR scenario it first needs to hold a trade under the PMC 2467.22 and continue breaking structure. The PWL is the trigger to start to engage the lower targets at the PWM 2193.54 - R level 2129.17. Note, the expectation is that the R level will suppor the market this week, only under the R level is the real BEAR case in play. Otherwise, all shorts are expected to be short lived. Good luck