ETH — Scalp Duel at 4.2k vs 4.5k: Bulls’ Floor or Bears’ Ceiling

Ethereum’s acting like it’s in a holding pattern — circling the runway at 4.3k while traders argue if it’s cleared for takeoff or about to be waved back. The 12H structure is still bullish, but the seatbelt sign is on.

Structure (12H)
• Price consolidating near 4.3k.
• Support: 4.2k. Resistance: 4.45–4.5k.

Orderflow + Derivatives
• OI steady → no new fireworks yet.
• Funding positive → longs footing the bill.
• CVD mixed, hinting at some quiet spot weakness.

Scalp Scenarios
• Short Idea (Grade A): Fade rejection at 4.45–4.5k. Target 4.3k → 4.25k.
• Long Idea (Grade B+): Sweep 4.18–4.2k lows, reclaim 4.22k, then push toward 4.45k.

Conclusion
ETH is boxed in between hungry bears at the ceiling and patient bulls under the floor. Whichever side blinks first sets the scalp of the day.

🐺 Trade safe, stay sharp, and remember: the market hunts sheep, not wolves.