Parameter Data
Asset Name Ethereum: $3,035.09 [ 🟥 -3.18% ] (LTP: Dec 5, 2025, 21:21 UTC)
Price Movement Corrective phase targeting deeper support. Upside possible only above [R1: $3,095] and [R2: $3,185]. Downside breakdown below [Alternate Scenario breaking point: $2,985] targets [S1: $2,900] and [S2: $2,840].
Current Trade 🟥 Short-Term SELL / T1: $2,985, T2: $2,900, T3: $2,840 / SL: $3,100
Risk Reward (R:R) 🟥 1 : 1.5 [ breakout above $3,095 & Breakdown below $2,985 ]
Confidence 🟨 22/30 (73.33%) (Medium confidence due to overwhelming bearish technical signals, but long-term bullish bias prevents high confidence on the short.)
Probability 🟥 70% (High probability of further short-term weakness toward $2,900.)
Market Phase 🟥 Correction/Contraction (Active selling pressure pushing price into a lower range.)
DEMA Levels 🟥 Strong Sell (Price is trading below 5, 10, 20, and 50-period moving averages.)
Supports 🟩 S1: $2,985 (Immediate Pivot Point), 🟩 S2: $2,900 (Major Psychological and Short-Term Low), 🟩 S3: $2,840 (Fibonacci/Pivot Support Cluster).
Resistances 🟥 R1: $3,095 (Previous Swing High/Pivot Resistance), 🟥 R2: $3,185 (Major Weekly Resistance), 🟥 R3: $3,250 (Recent Supply Zone).
SMC Structure 🟥 Bearish Order Flow. The failure to hold above $3,150 confirms a shift to a short-term bearish structure, focusing on the defense of the $2,840 demand zone.
Trap/Liquidity Zones 🟥 Liquidity Target: Sell-Side Liquidity below $2,900. Potential Trap: Aggressive long entries before testing $2,840.
Max Pain 🟨 N/A (Futures data not applied.)
ADX/RSI/DMI 🟥 RSI (14): 31.7 (Near Oversold/Strong Sell), ADX (14): 28.7 (Confirming a building bearish trend.)
Market Depth 🟨 N/A (Weekend data; Depth N/A.)
Volatility 🟩 High (ATR is high, confirming volatile price movement on the downside.)
Source Ledger 🟩 Verified (Crypto 24/7): Price feed from Saturday, Dec 6, 2025.
OI 🟥 Decreasing (Open Interest dropping alongside price, indicating liquidation/long closures.)
PCR 🟨 N/A (Data not directly available.)
VWAP 🟨 N/A (VWAP data not available.)
Turnover 🟩 High (High volume on the drop, confirming strong selling conviction.)
Harmonic Pattern 🟨 N/A (Momentum driven move.)
IV/RV 🟨 Moderate IV (Implied Volatility is stable, but risk skewed to the downside.)
Options Skew 🟨 Slight Negative Skew (Puts are gaining premium relative to Calls, anticipating more downside.)
Vanna/Charm 🟨 N/A (Neutral.)
Block Trades 🟥 Large institutional selling/profit-taking observed in the $3,150-$3,200 zone.
COT Positioning 🟨 Neutral to Net Long Reduced (Institutional positioning has tightened, indicating caution.)
Cross-Asset Correlation 🟩 High Positive with Bitcoin (BTC); High Inverse with USD Index (DXY).
ETF Rotation 🟩 Pending ETF News (Continued anticipation of an ETH Spot ETF provides long-term support.)
Sentiment Index 🟨 50 (Neutral). Sentiment has rapidly pulled back from greed to neutral/cautious.
OFI 🟥 Sell-side pressure (Order Flow confirms sellers were dominant during the sharp correction.)
Delta 🟥 Cumulative Delta: Strongly Negative (Sellers have been dominant.)
VWAP Bands 🟨 N/A (VWAP band data not available.)
Rotation Metrics 🟥 Lagging (Ethereum has lost momentum relative to Bitcoin and other major assets in the last 24 hours.)
Data Triangulation 🟩 Verified (Technical indicators and price action confirm a sharp short-term pullback.)
Asset Name Ethereum: $3,035.09 [ 🟥 -3.18% ] (LTP: Dec 5, 2025, 21:21 UTC)
Price Movement Corrective phase targeting deeper support. Upside possible only above [R1: $3,095] and [R2: $3,185]. Downside breakdown below [Alternate Scenario breaking point: $2,985] targets [S1: $2,900] and [S2: $2,840].
Current Trade 🟥 Short-Term SELL / T1: $2,985, T2: $2,900, T3: $2,840 / SL: $3,100
Risk Reward (R:R) 🟥 1 : 1.5 [ breakout above $3,095 & Breakdown below $2,985 ]
Confidence 🟨 22/30 (73.33%) (Medium confidence due to overwhelming bearish technical signals, but long-term bullish bias prevents high confidence on the short.)
Probability 🟥 70% (High probability of further short-term weakness toward $2,900.)
Market Phase 🟥 Correction/Contraction (Active selling pressure pushing price into a lower range.)
DEMA Levels 🟥 Strong Sell (Price is trading below 5, 10, 20, and 50-period moving averages.)
Supports 🟩 S1: $2,985 (Immediate Pivot Point), 🟩 S2: $2,900 (Major Psychological and Short-Term Low), 🟩 S3: $2,840 (Fibonacci/Pivot Support Cluster).
Resistances 🟥 R1: $3,095 (Previous Swing High/Pivot Resistance), 🟥 R2: $3,185 (Major Weekly Resistance), 🟥 R3: $3,250 (Recent Supply Zone).
SMC Structure 🟥 Bearish Order Flow. The failure to hold above $3,150 confirms a shift to a short-term bearish structure, focusing on the defense of the $2,840 demand zone.
Trap/Liquidity Zones 🟥 Liquidity Target: Sell-Side Liquidity below $2,900. Potential Trap: Aggressive long entries before testing $2,840.
Max Pain 🟨 N/A (Futures data not applied.)
ADX/RSI/DMI 🟥 RSI (14): 31.7 (Near Oversold/Strong Sell), ADX (14): 28.7 (Confirming a building bearish trend.)
Market Depth 🟨 N/A (Weekend data; Depth N/A.)
Volatility 🟩 High (ATR is high, confirming volatile price movement on the downside.)
Source Ledger 🟩 Verified (Crypto 24/7): Price feed from Saturday, Dec 6, 2025.
OI 🟥 Decreasing (Open Interest dropping alongside price, indicating liquidation/long closures.)
PCR 🟨 N/A (Data not directly available.)
VWAP 🟨 N/A (VWAP data not available.)
Turnover 🟩 High (High volume on the drop, confirming strong selling conviction.)
Harmonic Pattern 🟨 N/A (Momentum driven move.)
IV/RV 🟨 Moderate IV (Implied Volatility is stable, but risk skewed to the downside.)
Options Skew 🟨 Slight Negative Skew (Puts are gaining premium relative to Calls, anticipating more downside.)
Vanna/Charm 🟨 N/A (Neutral.)
Block Trades 🟥 Large institutional selling/profit-taking observed in the $3,150-$3,200 zone.
COT Positioning 🟨 Neutral to Net Long Reduced (Institutional positioning has tightened, indicating caution.)
Cross-Asset Correlation 🟩 High Positive with Bitcoin (BTC); High Inverse with USD Index (DXY).
ETF Rotation 🟩 Pending ETF News (Continued anticipation of an ETH Spot ETF provides long-term support.)
Sentiment Index 🟨 50 (Neutral). Sentiment has rapidly pulled back from greed to neutral/cautious.
OFI 🟥 Sell-side pressure (Order Flow confirms sellers were dominant during the sharp correction.)
Delta 🟥 Cumulative Delta: Strongly Negative (Sellers have been dominant.)
VWAP Bands 🟨 N/A (VWAP band data not available.)
Rotation Metrics 🟥 Lagging (Ethereum has lost momentum relative to Bitcoin and other major assets in the last 24 hours.)
Data Triangulation 🟩 Verified (Technical indicators and price action confirm a sharp short-term pullback.)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.