$ETH Closed At $1,985 - Buy The Dip or Wait? 🤔
Everyone is panicking because $ETH broke $2,000 again.
But look at the FACTS from today 13 Nov:
📉 Latest Update:
ETH trading around $1,950 - $1,967
Yesterday Low: $1,905 - First time below $2,000 since 19 August
ETF Outflows: $144.8M on 11 Nov, 5th straight day of outflows
Liquidations: $288M in 24h, 90% longs wiped out
RSI (14): 24 - Deep OVERSOLD zone
This is EXACTLY where smart traders do this:
✅ Close high leverage
✅ Leverage adjusted to 20x max
✅ Buy the dips in parts, not all-in
My Plan:
🎯 Short Term Target: $2,000 - $2,040
If ETH reclaims $2,000 and holds - next target $2,150 (200-day MA)
🛡️ Support: $1,920 -> $1,832 -> $1,800
❌ If $1,920 breaks, don't catch falling knife
Top traders are also saying: "Buy the dips in the near term, allow for volatility"
Fear is high, but RSI 24 means bounce is near. Every time ETH went this oversold, a relief rally came.
I am NOT panic selling. I am accumulating in parts.
Are you Buying, Holding or Waiting?
Comment your entry 👇
#WhatWillDriveCryptoandStocks’NextRebound? #crypto #USPPIMissMayEaseBTCPressure #HuangExitNvidiaStrategyInFocus
Everyone is panicking because $ETH broke $2,000 again.
But look at the FACTS from today 13 Nov:
📉 Latest Update:
ETH trading around $1,950 - $1,967
Yesterday Low: $1,905 - First time below $2,000 since 19 August
ETF Outflows: $144.8M on 11 Nov, 5th straight day of outflows
Liquidations: $288M in 24h, 90% longs wiped out
RSI (14): 24 - Deep OVERSOLD zone
This is EXACTLY where smart traders do this:
✅ Close high leverage
✅ Leverage adjusted to 20x max
✅ Buy the dips in parts, not all-in
My Plan:
🎯 Short Term Target: $2,000 - $2,040
If ETH reclaims $2,000 and holds - next target $2,150 (200-day MA)
🛡️ Support: $1,920 -> $1,832 -> $1,800
❌ If $1,920 breaks, don't catch falling knife
Top traders are also saying: "Buy the dips in the near term, allow for volatility"
Fear is high, but RSI 24 means bounce is near. Every time ETH went this oversold, a relief rally came.
I am NOT panic selling. I am accumulating in parts.
Are you Buying, Holding or Waiting?
Comment your entry 👇
#WhatWillDriveCryptoandStocks’NextRebound? #crypto #USPPIMissMayEaseBTCPressure #HuangExitNvidiaStrategyInFocus
