Should you buy or sell $ETH here? I think the better move right now is to wait.
Ethereum is trading around 2,100. My view is simple: I lean toward more selling, not buying.
I looked at the news and the charts together, and both point the same way. Same story as $BTC . I’m watching the sell side, and I’m not rushing to buy dips.
If you want to sell
Don’t sell in a hurry. Wait for a small pullback into the 1,990 to 2,200 area first.
From that area, there is a decent chance price turns around and moves down again. That’s a better place to sell than chasing the drop.
If you want to buy
Be patient here too. The level I’m watching is 1,850 to 1,950. It’s my Bounce Back Level 1 zone, and I think it’s very important.
The part most people skip
A proper trader looks at the market from one direction and waits for his setup. He doesn’t jump in just because price is moving.
Pick a direction first
Decide your level before price gets there
Wait, even if it takes days
Levels are not entry signals. They only show where price may react.
If $ETH pulls back into 2,250 and gets rejected, would you sell there, or wait for a clean break below 1,850 first?
(DYOR)
Ethereum is trading around 2,100. My view is simple: I lean toward more selling, not buying.
I looked at the news and the charts together, and both point the same way. Same story as $BTC . I’m watching the sell side, and I’m not rushing to buy dips.
If you want to sell
Don’t sell in a hurry. Wait for a small pullback into the 1,990 to 2,200 area first.
From that area, there is a decent chance price turns around and moves down again. That’s a better place to sell than chasing the drop.
If you want to buy
Be patient here too. The level I’m watching is 1,850 to 1,950. It’s my Bounce Back Level 1 zone, and I think it’s very important.
The part most people skip
A proper trader looks at the market from one direction and waits for his setup. He doesn’t jump in just because price is moving.
Pick a direction first
Decide your level before price gets there
Wait, even if it takes days
Levels are not entry signals. They only show where price may react.
If $ETH pulls back into 2,250 and gets rejected, would you sell there, or wait for a clean break below 1,850 first?
(DYOR)
