#cryptotradingpro #ethereum
📊 $ETH /USDT Analysis: Flat after the spill and a trap for longists
After a sharp impulsive drop from $1,937 to a local low of $1,866, the Ethereum price has entered a consolidation phase in the $1,875–1,880 range.
Let's analyze what the metrics show and what to expect next
🔑 Key facts from charts and on-chain data:
Technical picture: The price is trapped under the EMA(30) ($1,890). Bollinger Bands are narrowing, indicating the accumulation of energy before the next move.
Spot pressure (Spot CVD): It is in a deep negative zone (fall to -$104.7M). Active selling by spot market orders continues in the market.
Long/Short ratio: Over 67% of accounts and 57% of top traders' positions are in Long. The crowd is actively buying the dip in the hope of a rebound.
Whale positions: 138 whales are in deep red on longs (average entry price $2,014), while 142 whales in shorts are confidently holding profits (average entry $1,897).
📉 Main scenarios:
1. Priority (Liquidity withdrawal):
When retail massively takes longs against falling spot delta volume, the market most often follows in their footsteps. We expect a breakdown and a cascading liquidity withdrawal at the level of $1,866.14.
2. Alternative (Short Squeeze):
If the price consolidates above $1,890–1,897 (the average entry zone for short whales), a quick buyback and rebound to the targets of $1,912–$1,930 is possible.
⚠️ Summary: Currently, entering long without confirmation of the rebound is risky - the spot is under pressure, and the crowd is overloaded with longs. The most logical thing is to wait for the price reaction to remove the low of $1,866 or look for entry points for shorting at resistance tests of $1,890.
📊 $ETH /USDT Analysis: Flat after the spill and a trap for longists
After a sharp impulsive drop from $1,937 to a local low of $1,866, the Ethereum price has entered a consolidation phase in the $1,875–1,880 range.
Let's analyze what the metrics show and what to expect next
🔑 Key facts from charts and on-chain data:
Technical picture: The price is trapped under the EMA(30) ($1,890). Bollinger Bands are narrowing, indicating the accumulation of energy before the next move.
Spot pressure (Spot CVD): It is in a deep negative zone (fall to -$104.7M). Active selling by spot market orders continues in the market.
Long/Short ratio: Over 67% of accounts and 57% of top traders' positions are in Long. The crowd is actively buying the dip in the hope of a rebound.
Whale positions: 138 whales are in deep red on longs (average entry price $2,014), while 142 whales in shorts are confidently holding profits (average entry $1,897).
📉 Main scenarios:
1. Priority (Liquidity withdrawal):
When retail massively takes longs against falling spot delta volume, the market most often follows in their footsteps. We expect a breakdown and a cascading liquidity withdrawal at the level of $1,866.14.
2. Alternative (Short Squeeze):
If the price consolidates above $1,890–1,897 (the average entry zone for short whales), a quick buyback and rebound to the targets of $1,912–$1,930 is possible.
⚠️ Summary: Currently, entering long without confirmation of the rebound is risky - the spot is under pressure, and the crowd is overloaded with longs. The most logical thing is to wait for the price reaction to remove the low of $1,866 or look for entry points for shorting at resistance tests of $1,890.