$ETH has been carving out a structure that behaves very much like a classic leading wedge, and the rhythm echoes what we saw between April and August. The earlier pattern carried the market upward; this one tilts the other way, but the mechanics are remarkably similar. Price compresses, swings tighten, and the whole structure narrows like a funnel pointed directly at the next big move.
A leading wedge always feels deceptive, almost theatrical. It leans opposite to the true trend that’s brewing beneath the surface. Imagine the market crouching on its starting blocks before a race. That poised stillness, that gathering tension, is what the wedge represents. It whispers misleading hints—higher lows in a downtrend, lower highs in an uptrend—letting traders hope for a reversal that isn’t actually coming.
In long downtrends, an upward-slanted wedge becomes especially treacherous. It looks like recovery, behaves like recovery, and tempts traders into believing momentum is turning. Yet this is often the final inhale before the plunge. When price slices through the lower boundary, the illusion ends and the true trend resumes with force. The principle is timeless: the market often disguises continuation as reversal, building pressure through contradiction before releasing it in a decisive move.#BinanceBlockchainWeek
