SELL ETHUSD – 1959.26

The ETHUSD pair has formed a clear gap‑fill pattern after a rapid rally, and price is now testing the upper edge of that gap. All higher timeframes (H4 and MTF) show a bearish bias, with the H4 chart indicating a 31 % down move and the overall structure pointing to a lower swing high. Volume is elevated, confirming selling pressure, while the On‑Balance‑Volume indicator diverges, signalling that the recent up‑move lacks conviction. The stop‑loss is placed at the recent structural high (1989.26), providing a clean risk‑reward profile to the three profit targets (1938.26, 1917.26, 1893.26). On the fundamental side, the broader market is in a risk‑off mode, with no positive crypto‑specific news and a weakening dollar that typically pressures risk assets like ETH. This confluence justifies a short position with a high confidence level.