🚨 DON’T CHASE THE PUMP — $ETH MAY BE SETTING A TRAP 🚨
In just 3 days, Ethereum surged from $2,770 back above the $3,000 zone, touching around $2,957 and pulling sidelined traders back into the market.
But here’s the twist…
This rebound looks more like a relief rally than the start of a new bull leg. The broader structure still favors further downside, and chasing green candles at resistance is exactly how most traders get caught.
📉 $ETH BEARISH OUTLOOK
Current Zone: $2,950 – $3,050
Market Mood: Greed creeping back after a fast bounce
Bigger Picture: Lower highs still intact
🎯 Downside Targets
• Target 1: $2,400
• Target 2: $2,110
⚠️ Why Caution Is Critical
Sharp bounces often act as liquidity traps
Volume isn’t confirming a true trend reversal
Macro conditions still lean risk-off
❓ Will Ethereum continue higher…
or is this just the calm before the next leg down?
Drop your view below 👇
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