Ethereum is showing persistent short-term weakness. 🟢 The latest bounce attempt failed to reclaim the 2350 level, and after a period of consolidation, price action has once again pushed lower. The chart structure remains a clear triangle pattern, with the asset now hugging the lower support boundary. Looking at the liquidation data, the area below current price has been largely cleared out. Only a small cluster of liquidity remains around 2288. A brief sell-side trap could sweep this pocket, but the initial low of 2263 is expected to hold as a critical floor. The last dip touched the lower triangle trendline precisely before snapping back, signaling that this support zone is resilient and not easily broken. 📉 If support continues to hold, the market will need to push higher to generate more liquidations. The zone above 2350 still holds significant overhead liquidity. A recovery rally could target the upper triangle boundary near 2400, which would be a logical area to consider for short entries. For nimble traders, a clear stop-loss signal on lower timeframes could present a long opportunity first, allowing for a two-way trade. The key is to watch how the pattern resolves from here. 🎯