$ETH IS SITTING AT A CRITICAL JUNCTURE WHERE MOST TRADERS ARE HESITANT 📉
The current price action on $ETH shows sellers firmly in the driver seat as we continue to print lower lows. We are seeing a clear lack of demand, and until we see a definitive reclaim of key levels, the path of least resistance remains to the downside.
I am watching for a structural change in the order flow before considering any long exposure. Patience is the best play here while the market searches for a floor. What price level would finally convince you that the bears have exhausted their momentum?
Not financial advice. Always manage your risk.
#ETH #Ethereum #Bearish #MarketUpdate
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The current price action on $ETH shows sellers firmly in the driver seat as we continue to print lower lows. We are seeing a clear lack of demand, and until we see a definitive reclaim of key levels, the path of least resistance remains to the downside.
I am watching for a structural change in the order flow before considering any long exposure. Patience is the best play here while the market searches for a floor. What price level would finally convince you that the bears have exhausted their momentum?
Not financial advice. Always manage your risk.
#ETH #Ethereum #Bearish #MarketUpdate
⚡