ETH just printed an 18% candle while you were reading this.
Let that sink in. In a single session, Ethereum ripped from $1,906 to $2,267 on $1.9B in volume — that's not a bounce, that's a statement. The RSI on 4H is screaming at 90.7, and funding rates are exploding higher. This is raw, aggressive buying.
🔥 Why This Trade?
ETH is telling you something: whales are pulling supply off exchanges, staking narratives are heating up with Pectra upgrade expectations, and Layer 2 TVL just hit fresh highs. The 7-day SMA ($2,110) just crossed above the 25-day SMA ($1,959) — a bullish confirmation that the trend has shifted.
But here's the catch: RSI 90+ means this move needs to breathe. Chasing green candles at the top is how portfolios get wrecked.
📋 The Plan:
• Entry Zone: $2,150–$2,200 (wait for the pullback)
• Stop Loss: $2,000 (below psychological level + 25D SMA)
• TP1: $2,400 (first resistance cluster)
• TP2: $2,600 (measured move target)
Scale in — don't go all-in at one price. Let the market come to you.
The whales are accumulating. The question is: are you patient enough to wait for a better price?
👇 What's your move?
A) Already long, riding the wave
B) Waiting for a dip to $2,150
C) Sitting this one out — too extended
Drop your take below 🧵
#ETH #ETHEREUM #DYOR
⚠️ Disclaimer: This is not financial advice. Crypto markets are highly volatile. Always do your own research and manage risk accordingly.