🟢$ETH Short Position Opened
$30,441 entered at $2,348.87 — not a small bet… this is size with intent.
This kind of short doesn’t come from hesitation. It usually signals that someone is expecting exhaustion up here. Price has pushed high enough to attract late buyers, and now the question is — was that the top of this move, at least for now?
There’s a subtle shift when momentum starts slowing at higher levels. Not dramatic, not obvious… but enough for experienced traders to lean the other way.
This entry feels like it’s targeting that exact moment.
📊 Trade Breakdown
• Entry: $2,348.87
• Position Size: $30.441K
• Bias: Bearish
• Setup: Potential Rejection / Lower High Formation
📉 What to Watch
• Weak continuation above $2,360–$2,380 zone
• Sellers stepping in on small bounces
• Break below short-term support → acceleration
If ETH starts losing structure below entry, this could turn into a clean downside move. But if buyers reclaim strength quickly, this short could get squeezed — and fast.
⚠️ This is where discipline matters most. Big positions bring big pressure — and the market loves testing conviction.
Right now, ETH is at a decision point.
Either rejection… or continuation.