๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐ฅ๐ฒ๐ฐ๐น๐ฎ๐ถ๐บ๐ $๐ฎ,๐ฌ๐ฌ๐ฌ ๐ฅ๐ฒ๐ฎ๐น ๐๐ผ๐บ๐ฒ๐ฏ๐ฎ๐ฐ๐ธ ๐ผ๐ฟ ๐๐๐๐ ๐ฎ ๐ฆ๐ต๐ผ๐ฟ๐ ๐ฆ๐พ๐๐ฒ๐ฒ๐๐ฒ ๐ง๐ฟ๐ฎ๐ฝ?
After a brutal washout that nuked overleveraged longs, Ethereum just clawed its way back above $2Kโฆ but donโt pop the champagne yet.
This move smells less like fresh buying and more like shorts getting squeezed to death.
๐๐ฒ๐ฟ๐ฒโ๐ ๐๐ต๐ฎ๐ ๐ฎ๐ฐ๐๐๐ฎ๐น๐น๐ ๐ต๐ฎ๐ฝ๐ฝ๐ฒ๐ป๐ฒ๐ฑ:
๐ฅ The setup
Heavy sell pressure + cascading liquidations
Sentiment collapsed into Extreme Fear
ETH wicked below $1,900, shaking out weak hands
๐๐น๐ฎ๐๐๐ถ๐ฐ ๐ฝ๐ฎ๐ถ๐ป ๐ฝ๐ต๐ฎ๐๐ฒ.
โก The snapback
As price ripped back toward $2,000:
Crowded shorts got trapped
Forced buybacks kicked in
Liquidations fueled more upside
๐ ๐ฅ๐ฒ๐๐๐น๐: ๐ฎ ๐๐ฒ๐
๐๐ฏ๐ผ๐ผ๐ธ ๐๐ต๐ผ๐ฟ๐ ๐๐พ๐๐ฒ๐ฒ๐๐ฒ, ๐ป๐ผ๐ ๐ผ๐ฟ๐ด๐ฎ๐ป๐ถ๐ฐ ๐ฑ๐ฒ๐บ๐ฎ๐ป๐ฑ.
๐ง ๐ง๐ต๐ฒ ๐ฝ๐ฟ๐ผ๐ฏ๐น๐ฒ๐บ?
ETH still sits under major resistance ($2,100โ$2,200)
Structure = still looks like a relief rally inside a bigger downtrend
๐ฆ๐ผ ๐๐ฒ๐ฎ๐ต... ๐บ๐ผ๐บ๐ฒ๐ป๐๐๐บ ๐ฝ๐ผ๐ฝ๐ฝ๐ฒ๐ฑ, ๐ฏ๐๐ ๐๐ต๐ฒ ๐๐ฟ๐ฒ๐ป๐ฑ ๐ต๐ฎ๐๐ปโ๐ ๐ณ๐น๐ถ๐ฝ๐ฝ๐ฒ๐ฑ ๐๐ฒ๐.
๐ง๐;๐๐ฅ
๐๐ง๐ > $๐ฎ๐ = ๐๐พ๐๐ฒ๐ฒ๐๐ฒ ๐ฒ๐ป๐ฒ๐ฟ๐ด๐, ๐ป๐ผ๐ ๐๐ฟ๐ฒ๐ป๐ฑ ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฎ๐น (๐๐ฒ๐).
๐๐ผ๐ป๐ณ๐ถ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ฐ๐ผ๐บ๐ฒ๐ ๐ผ๐ป๐น๐ ๐ถ๐ณ ๐ฏ๐๐น๐น๐ ๐ฑ๐ฒ๐ณ๐ฒ๐ป๐ฑ ๐๐ต๐ถ๐ ๐น๐ฒ๐๐ฒ๐น ๐ฎ๐ป๐ฑ ๐ฏ๐ฟ๐ฒ๐ฎ๐ธ ๐ต๐ถ๐ด๐ต๐ฒ๐ฟ ๐ฟ๐ฒ๐๐ถ๐๐๐ฎ๐ป๐ฐ๐ฒ.
#trade #ETH #market #profit