$ETH - I still don’t like the current market structure, as the price has not yet broken back above the lost high-timeframe support range marked in purple, which I see as a clear sign of weakness.

Because of this, I believe that over the next couple of days, the best approach is to remain hedged, as I have been over the last couple of weeks following the breakdown below the high-timeframe support range marked in green at $2.7K, and to stay prepared for further downside.
Until we see clear signs of strength, such as the price breaking back above the support range at $2.15K, the most likely low-timeframe outcome remains further downside into the high-timeframe support range aligning with the early-April bottoming formation.