Ethereum just rejected the $2,450 resistance level, and the resulting downside has largely played out. 📉 Here is why I remained cautious on ETH during the final leg of the recent rally: the price needed to clear $2,450 decisively on a candle close. This is a critical filter for confirming a breakout vs. a fakeout. We did not get that confirmation. The failure at this key zone validated the bearish thesis. It also reinforced the broader directional signal for Bitcoin, which was the foundation for the short entry I targeted near $82.3k. 🎯 I do not post constant updates on ETH, but I track it closely. Monitoring its relative strength against BTC and watching for manipulation at structural levels is how I identified the short setup on the larger pair. 📊 The rejection at resistance has now cascaded. Bitcoin is following lower, confirming the intermarket bearish alignment. The key now is watching where ETH finds its next base, and whether BTC can hold above its own demand zone. No speculation. No hype. Just structure, price action, and clean analysis. 🧠