## Market Analysis: ETH has been on a strong uptrend since August 5th, climbing from around 3600 to peak above 4300. However, I'm noticing some interesting signals in the recent price action:
1. The price just formed a local top around 4318 and has started pulling back 2. Volume has been increasing during this pullback, suggesting selling pressure 3. We're seeing resistance at the 4300-4320 zone with multiple rejection wicks
## Strategic Options:
**If you're looking to take profits:** Wait for the current pullback to reach the first support zone around 4220-4240. This area has shown buying interest previously and could be your first partial take-profit level.
**If you want to maximize gains:** Watch for a deeper correction to the major support at 4180-4200, which aligns with previous consolidation areas. This would be an excellent full or partial exit point.
**For the more ambitious trader:** If ETH breaks below 4180 with conviction, we could see a move toward 4100, offering even larger profits.
The hourly chart shows bearish divergence and decreasing buying momentum, supporting your short position. Just keep an eye on the 4350 level - if ETH breaks above that with volume, you might want to reconsider your position.
these people from binance are really a piece of shit, I mean how could they make that usual announcement, scaring everyone. damn manipulators, I hope they get the same treatment that was given to the ceo of the insurance company.
$NEIRO I see it as not a normal decline, but rather a liquidation process for the token holders. For what? And people waited until you took them to the top. Is this the reward for waiting?