The 100MA on $ETH is positioning itself as a key support level on the daily timeframe, currently around 2231. With price now trading below the 12/21 EMA, a retest of this level appears increasingly likely. Especially if we begin losing that previous weekly low.

A confirmed break below the 100MA would strengthen the case for downside continuation, with price likely rotating toward the value area high (VAH) around 2100.
Should price gain acceptance back within the value area, the 0.618 Fibonacci retracement sits near the mid-range at 2026, followed by the value area low (VAL) around 1948 as the next downside target.
Trade Ideas:
Looking at a couple swing short opportunities.
1) Simple failed retest of the HTF SR level to trade back down the value area high (2.2R)
2) Failed reclaim of the Daily 12EMA and to also trade back down to the value area high (1.5R)
3) However LTF acceptance below the PWL and 100MA then you could look at intraday setups back towards the value area high.
I have invals here just above the local high wicks but manual stops if LTF acceptance above the HTF SR level is also something I would consider to lower that risk.