$ETH just climbed to 2743.24; over the past 24 hours it’s up a slight 0.28%. Everywhere online is already chanting “break through to the $3000 mark.”
Let me tell it like it is: whether this level breaking above 2.7K is a genuine breakout, or whether the main players are using news to push the price up for distribution? On-chain capital hasn’t shown any clear volume surge, so momentum most likely has already started to cool down. If you blindly chase longs right now, you’re basically handing liquidity to the big players.
If you want to get involved, wait for a pullback to 2.65—confirm support there—then place buy orders in batches. Hold spot steadily and don’t get shaken out of the trade. For futures, reduce leverage immediately to the minimum.
If it were you, would you add to the position now or take profit?
Add if it’s deducted by 1; take profit if it’s deducted by 2.
#Write2Earn #BinanceSquare #ETH #Futures
Let me tell it like it is: whether this level breaking above 2.7K is a genuine breakout, or whether the main players are using news to push the price up for distribution? On-chain capital hasn’t shown any clear volume surge, so momentum most likely has already started to cool down. If you blindly chase longs right now, you’re basically handing liquidity to the big players.
If you want to get involved, wait for a pullback to 2.65—confirm support there—then place buy orders in batches. Hold spot steadily and don’t get shaken out of the trade. For futures, reduce leverage immediately to the minimum.
If it were you, would you add to the position now or take profit?
Add if it’s deducted by 1; take profit if it’s deducted by 2.
#Write2Earn #BinanceSquare #ETH #Futures
