SELL ETHUSD – 2047.79

The trade is based on a classic gap‑fill mean‑reversion setup: ETH/USD opened above a recent gap and the price is now testing the lower edge of that gap. On the 4‑hour chart the bias is bearish (61% probability) and higher‑timeframe analysis confirms a downtrend. Volume is elevated, indicating strong participation, while On‑Balance‑Volume shows a divergence that warns of weakening buying pressure. The stop is placed at the recent structural high (2077.79) to protect against a breakout. Fundamentally, the latest US CPI print was below expectations, prompting expectations of further Fed easing and a softer dollar, but the broader market is in a risk‑off mode, which tends to suppress speculative assets like ETH. This combination of technical weakness and modestly adverse macro sentiment justifies a short position with tiered profit targets.