🚨 ETHEREUM: GOLDEN OPPORTUNITY OR TRAP? 📉💎
Ethereum ($ETH ) just scared the market with a 2.72% drop in the last 24h, but what the charts are hiding could change your game! 🧵👇
🔍 What's happening now?
Looking at the 15-minute chart, we saw ETH touch $2,791, but soon after there was an attempt to recover to around $2,855.
Bear Side:
Whale Sell-off: A large player dumped $59.1 million to pay off loans. This generates fear but also cleans the market's leverage.
ETF Outflows: The negative flow in Spot ETFs took the breath out of the price momentarily.
Bull Side – What nobody is seeing:
Historical Scarcity: The supply of ETH on exchanges has reached its lowest level since 2016! Fewer coins to sell = potential for explosive "supply shock." 🚀
RSI and Bollinger: The RSI touched the oversold zone and the Bollinger bands show a contraction. Generally, this precedes a strong movement!
💡 My View
We are in a crucial support region. Immediate selling pressure seems to be decreasing, and the preference for long-term holding is only growing.
Question for you: Are you taking advantage of this "discount" or do you think ETH will target $2,500 first?
Comment below! 👇
🎯 Did you like this quick analysis?
Don't miss the next movements of the whales!
✅ FOLLOW ME now to receive daily insights and trade clearly in the market! 🚀📈
#Ethereum #CPIWatch #BinanceSquare #tradingtips #Write2Earn
