Have you noticed nobody is questioning whether this $ETH break above is just another fakeout dressed as a breakout?
The worst part is buying after the confirmation candle and then sitting through the dump back into range. That is how people keep losing money on moves they thought they finally timed right.
Look at Ethereum as a case study. The last few times it punched through a major level, greed was already high and the follow through never came. $USDT flooded in, volume spiked, and then the same sellers who waited at resistance took it back.
Fear and Greed is at 72 right now. $BTC already got rejected at the highs. This does not look like a clean trend start. It looks like the crowd getting excited at the exact moment they usually become exit liquidity.
The traders who actually caught $ETH runs bought the quiet periods, not the breakout headlines.
Where do you think this goes from here if greed stays elevated?
#ETHBreaksAbove #BitcoinRejectedAt #SpotBitcoinETFsInflow
The worst part is buying after the confirmation candle and then sitting through the dump back into range. That is how people keep losing money on moves they thought they finally timed right.
Look at Ethereum as a case study. The last few times it punched through a major level, greed was already high and the follow through never came. $USDT flooded in, volume spiked, and then the same sellers who waited at resistance took it back.
Fear and Greed is at 72 right now. $BTC already got rejected at the highs. This does not look like a clean trend start. It looks like the crowd getting excited at the exact moment they usually become exit liquidity.
The traders who actually caught $ETH runs bought the quiet periods, not the breakout headlines.
Where do you think this goes from here if greed stays elevated?
#ETHBreaksAbove #BitcoinRejectedAt #SpotBitcoinETFsInflow
