🔥 The analysts who warned that Ethereum would crumble below $2,000 just watched it surge to $2,642 in 24 hours.
📊 Against a looming descending trendline, ETH ripped 7.75% higher on $1.2 B volume, RSI 76.1 and a bullish MACD crossover flashing green lights. Futures open interest sits at $6.22 B, funding +0.0100% and a 2.27 long‑short ratio, while top traders hold a 61.5% net‑long stance — all under a #Greed sentiment of 56/100, fueling the #ETH #Crypto #BullRun.
💡 The market’s overbought metrics scream caution, yet the funding premium and long bias suggest smart money is still loading the cannon.
❓ Is this the last gasp before a $3,000 breakout, or will hidden resistance snap the rally and force a brutal correction?
📊 Against a looming descending trendline, ETH ripped 7.75% higher on $1.2 B volume, RSI 76.1 and a bullish MACD crossover flashing green lights. Futures open interest sits at $6.22 B, funding +0.0100% and a 2.27 long‑short ratio, while top traders hold a 61.5% net‑long stance — all under a #Greed sentiment of 56/100, fueling the #ETH #Crypto #BullRun.
💡 The market’s overbought metrics scream caution, yet the funding premium and long bias suggest smart money is still loading the cannon.
❓ Is this the last gasp before a $3,000 breakout, or will hidden resistance snap the rally and force a brutal correction?
