The sky is falling! This slow bleed in $ETH is like being cut to pieces with a dull knife—way more nerve-racking than a straight-up crash!
It slid all the way from 2806 to 2281, and every bounce along the way was a bull trap. Anyone who chased in must be kicking themselves!
Now the price is hovering around 2352. It looks like it might be finding a floor, but the 2400–2450 range above is packed with bagholders!
A slow bleed like this is the most grueling. Don’t let this little green candle trick you into jumping in! Unless it can hold above 2400 on strong volume, this thing is a meat grinder.
Play it safe and see if it can build a base around 2300 first. Don’t become exit liquidity for the people stuck from the last run!
It slid all the way from 2806 to 2281, and every bounce along the way was a bull trap. Anyone who chased in must be kicking themselves!
Now the price is hovering around 2352. It looks like it might be finding a floor, but the 2400–2450 range above is packed with bagholders!
A slow bleed like this is the most grueling. Don’t let this little green candle trick you into jumping in! Unless it can hold above 2400 on strong volume, this thing is a meat grinder.
Play it safe and see if it can build a base around 2300 first. Don’t become exit liquidity for the people stuck from the last run!
