$ETH $2,221 - short-term neutral-to-bearish with mean-reversion edge given RSI 36, ATR ~$240 and price sitting below the 21-day EMA (2,291) but above the 5-day EMA (2,114).

CHART CONTEXT & KEY LEVELS

Bollinger band ~1,549–2,786 with mid ≈2,168 - immediate resistance 2,571 (Fib 50) and 2,291 (21 EMA), support 1,756 recent low and 1,548 lower band.

ORDERFLOW, DERIVATIVES & SENTIMENT

Open interest ≈ $30.8B (period high $34.7B, up ~8.9% since period start) and 7d funding swung between -0.006 and +0.008 (close ~+0.0039) - smart money is present but indecisive; Fear & Greed = 17 signals extreme fear which improves mean-reversion odds but raises fake-out risk.

Critical levels - Buy zone: $1,900–2,100 | Stop: $1,750 | TP1: $2,570 | TP2: $2,786 | Aggressive short if confirmed below $1,750 target $1,350

BOTTOM LINE

Tactical plan - prefer small, staged swing buys on disciplined pullbacks (size so risk = 0.5–1% per trade), scale into winners at TP1/TP2, avoid chasing rallies until weekly close > $2,786 or RSI > 50 and OI stabilizes.