ETH/USDT Daytrading | 13th May 2026Ethereum/USD Tether Perpetual ContractBINGX:ETHUSDT.PNickBriefLet me walk you through everything before we look at where we stand right now. The Setup We identified a 4H -OB at the top of the channel around $2,368. On-chain data confirmed bearish strength in that zone. When futures opened Monday night, ETH tapped the level and picked up the short. Clean entry, strong reaction – price pushed straight down to $2,266, a previously mitigated bullish OB. As mentioned, a reaction there was expected. Where We Are Now Zooming into the 1H, we have two -OBs sitting above Internal Equilibrium at $2,300. Bearish reactions above Equilibrium are the standard expectation. The first -OB (grey) wasn't interesting – Volume Profile showed more volume concentrated at the -OB above (red rectangle). ETH reached that red zone and is already showing a strong reaction. The key signal I'm watching: a close below the red line confirms an internal shift – and that's the green light to look for lower prices again. Target remains $2,210. Nothing has changed. Trade your plan. I share mine.