$ETH FLASH ALERT: WHALES ARE BUYING THE DIP! ššØ
Ethereum is sliding, but don't get shaken out. The on-chain data screams "ACCUMULATION" at these levels!
Current Price: $3,068.06 (-1.43%) 24H Range: ā¢ High: $3,129.54 ā¢ Low: $3,050.01 ā¢ Volume: 802.92M USDT ā Massive liquidity exchanging hands!
š Smart Money Signal ā Look at the Data!
The chart shows red candles, BUT look at the Order Book Sentiment: š¢ Buyers: 84.42% š“ Sellers: 15.58%
What does this mean? Retail is panic selling, but Smart Money is aggressively buying every drop near $3,060. The long wicks at the bottom of the recent 15m candles confirm that lower prices are being rejected instantly.
š Trade Setup (Reversal Play):
We are sitting right on top of a major support zone. The risk-to-reward ratio here is excellent for a long position.
š« Entry Zone: $3,055 ā $3,070 (Buy the fear. Accumulate in this block)
šÆ Targets (TP): ā¢ TP1: $3,095 (Quick Scalp) ā¢ TP2: $3,115 ( reclaiming the mid-range) ā¢ TP3: $3,130 (Retest of 24h High)
š Stop-Loss: $3,040 (Strict exit if we break the daily low of $3,050)
š® Market Outlook: ETH is currently compressing. The heavy buying pressure (84%) suggests a short squeeze could be imminent. Once the selling pressure dries up, expect a sharp impulse move back towards $3,100+.
Don't watch the red candles, watch the volume. History shows these levels are where the reversals begin.
