📉 ETH Market Outlook: Bearish Bias Remains Despite recent stabilization, ETH continues to trade within a broader downtrend, with market structure showing no confirmed signs of reversal. 📊 Current Market Snapshot ETH trading around $1,900 Down approximately 20.5% over the past 90 days Overall market bias remains bearish 🔍 Key Market Signals • Market Structure ETH remains inside a descending channel, with recent rebounds failing to invalidate the broader downtrend. • Smart Money Positioning Large traders continue to maintain notable short exposure. Recent activity includes a $45.27M 20× ETH short position opened by a high-performing trader, highlighting continued bearish positioning. • Macro Risk Geopolitical uncertainty surrounding the Middle East remains a key source of market risk, contributing to cautious sentiment across crypto markets. • ETF Flows While spot ETH ETFs have recorded net inflows, current demand has yet to meaningfully shift overall market structure. 👀 Key Levels to Watch Resistance: $1,900–1,950 Support: $1,700–1,720 A break below support could expose the previous low near $1,566. Conversely, a sustained move above $1,980, combined with several consecutive days of strong ETF inflows, would suggest improving market conditions. 📊 Data: AiCoin Real-time For market intelligence only. Not financial advice.(AiCoin)