#ETH Let’s break down the current ETH situation: 🔥🔥
Institutions are still scooping up with ETFs, and staking is seeing reduced volume, establishing a solid long-term bottom;
In the short term, BTC is draining liquidity, typical of a pressure wash, not a bear market!
Resistance level up at 2300, crucial support down at 2120, we’re in a range-bound accumulation, ready for a breakout at any moment.
Clear trading direction:
For a bounce at 2280–2300, primarily short to catch the washout;
If we retrace and stabilize around 2130, look for low buys to attempt longs, betting on a bounce;
As long as 2120 holds, the bullish structure remains intact; breaking below that, go with the flow and short.
The ETH correction rally is about to kick off, don’t miss the boat!
Follow me for daily precise levels + real-time trading strategies, no ambiguity, just action!
Institutions are still scooping up with ETFs, and staking is seeing reduced volume, establishing a solid long-term bottom;
In the short term, BTC is draining liquidity, typical of a pressure wash, not a bear market!
Resistance level up at 2300, crucial support down at 2120, we’re in a range-bound accumulation, ready for a breakout at any moment.
Clear trading direction:
For a bounce at 2280–2300, primarily short to catch the washout;
If we retrace and stabilize around 2130, look for low buys to attempt longs, betting on a bounce;
As long as 2120 holds, the bullish structure remains intact; breaking below that, go with the flow and short.
The ETH correction rally is about to kick off, don’t miss the boat!
Follow me for daily precise levels + real-time trading strategies, no ambiguity, just action!