๐ด $ETH Analysis + Next Move ๐ฅ
$ETH is flashing serious structural weakness, currently trading around $1,877.31. After the violent rejection at $1,960, the market has clearly shifted into a bearish regime, with buyer momentum fading fast and the psychological $2,000 level slipping further out of reach. ๐โ ๏ธ
๐ Quick Breakdown:
โข Structure remains fragile and heavy
โข Price is barely holding the $1,867 liquidity zone
โข ~$400M liquidation cascade intensified downside pressure
โข Sentiment sits in Extreme Fear territory
โข Every bounce is being aggressively sold
๐ง Real Talk:
This market is in full defensive mode. Unless bulls reclaim key levels, bears remain firmly in control.
๐ฑ๐ THE NEXT MOVE ๐๐ฑ
๐ถ Bearish Abyss: Lose $1,850 โ expect a fast flush toward the $1,700 macro floor โ๏ธ๐ฏ
๐ถ Relief Trap: Only a strong reclaim of $1,960 can shift momentum โ anything below risks being a bull trap ๐ฌ๏ธโก
๐ถ Bottom Line: Watch $1,867 like a hawk. With sell pressure dominant, the path of least resistance remains down. ๐ง๐
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