ETH - LTF Signs of Weakness Ethereum / TetherUSBINANCE:ETHUSDTVIAQUANTOn the lower timeframe, I am beginning to see signs of weakness form. Nobody believes a pullback will come after a rally like the one ETH has just seen, but let me make you a believer. Reviewing the Last Top The last time ETH made its top was on April 17, 2026, at $2,465, right before it started the next bear market leg down to $1,500. That same day, I made a post outlining that ETH was showing early signs of weakness. That idea not only marked the top exactly as outlined, but was also selected as an Editor's Pick by TradingView, so shout out to the TradingView team for recognizing the value in that one: Now ETH finds itself in a similar, but very different, point in the trend. In this idea I am only going to focus on the short term, since I have already laid out the long term bullish outlook in previous posts. In the short term, however, a pullback seems very likely. So far, my chart projecting where the next local high would form has played out with an incredible degree of accuracy. That idea can be found here: I have not changed or altered that chart in any way from three days ago. I have simply moved to the 4H timeframe so you can get a clearer look at what is actually developing. What's Playing Out on the 4H First, notice how price reached the upper trendline on August 21st, created a doji reversal candle, and closed all subsequent 4H candles below that trendline, leading to the first major selloff of this uptrend. Then, once again, price rallied back to the upside, retested the lower trendline I had outlined, created a gravestone doji after wicking to the upper trendline, and has now closed the most recent 4H candles below that lower trendline as well. This is another strong confirmation of the market structure being established as resistance around this range, creating the potential local high I have been expecting. The RSI Confirmation Also take a look at the 4H RSI. Trend momentum has now been rejected twice (red arrows) from overbought conditions. If momentum continues to fade from here, it could lead to a meaningful selloff from these levels. Downside Targets It is too early to say exactly where the next macro low will form, but right now I am watching the $1,950 to $2,150 range closely. As more price action develops, I will be able to more accurately pinpoint where that next low is likely to form and will update you then. If Price Breaks Higher Instead On the contrary, if price is somehow able to break above the current resistance region, the next levels to watch are $2,620, $2,705, and $2,850. This seems less likely to occur in the short term, but I wanted to outline it either way.