I fumbled $ETH by selling the flush, then buying the bounce.
Classic. 😬
Right now, @ethereum is at $2,407.64, down 1.34% in 24h with $752.41M traded. The 4h move is still -1.5%, RSI sits at 46, and price is below both the 20d and 50d averages.
That’s not strength.
Volume is only 0.1x the 20d average while longs are still paying 0.004% funding. Meanwhile $SOL looks like it has more relative momentum, which makes ETH’s chart feel even heavier 📉
At $2,400, I’m not chasing anything. I’d rather see ETH reclaim that level with real volume before touching the trade again.
I learned the expensive way. 👀
Bull or bear on $ETH here?
#Ethereum #Layer1 #Altcoin
Classic. 😬
Right now, @ethereum is at $2,407.64, down 1.34% in 24h with $752.41M traded. The 4h move is still -1.5%, RSI sits at 46, and price is below both the 20d and 50d averages.
That’s not strength.
Volume is only 0.1x the 20d average while longs are still paying 0.004% funding. Meanwhile $SOL looks like it has more relative momentum, which makes ETH’s chart feel even heavier 📉
At $2,400, I’m not chasing anything. I’d rather see ETH reclaim that level with real volume before touching the trade again.
I learned the expensive way. 👀
Bull or bear on $ETH here?
#Ethereum #Layer1 #Altcoin