#Binance

Hello everyone, friends, I want to share my opinion.

I entered a long position from 2900 aiming for 2930–2950 — and here’s why this idea looks logical

Key zone 2900–2950

The price has bounced off these levels too often, the market remembers them well. Every time we come here — active buyers appear.

Order book (important moment)

About 4 hours ago, there were large purchases of BTC in the order book — not market noise, but a conscious positioning. Such things are rarely done just like that.

Manipulation of expectations

The level 2800 is currently being actively massaged to create the feeling of a “further correction”. A classic technique — to make the crowd wait lower while the market prepares for an upward movement.

On the 4H chart, ETH is already in the oversold zone. Selling pressure is weakening, and the potential for a bounce and upward impulse is only accumulating.

Long positions have already been liquidated earlier, weak hands have exited. Now the market looks ready for a good pump, not a continuation of the drop.

Not financial advice. I work strictly based on facts: levels, order book, timeframes, and the behavior of the market.

DYOR