$ETH Can’t move upward anymore—are you still watching for more upside?
After looking around, it turns out it’s all “catching the dip” over and over. Are there really that many people calling for the long side? After Steel Brother finished reviewing everything, he concluded it’s pure follow-the-bandwagon.
From the information shown on the chart: the intraday high surged to 1876 but was pushed back down again, which indicates strong selling pressure overhead. The hourly chart shows multiple long wicks probing the top, failing to break through the strongest daily resistance at 1880. It couldn’t even hold above 1900—so don’t talk about any “reversal.”
On-chain capital also doesn’t bring good news. Spot funds have seen large-scale outflows, and every rebound is weaker than the last. Therefore, Steel Brother has decided to guide fans to take short positions at the current level—go in and take a solid chunk of meat.
Brothers who’ve read this, don’t let the market lead you around. If you want the method to get trade execution in advance and want to know more chart details, go to the homepage chat room to find Steel Brother!
After looking around, it turns out it’s all “catching the dip” over and over. Are there really that many people calling for the long side? After Steel Brother finished reviewing everything, he concluded it’s pure follow-the-bandwagon.
From the information shown on the chart: the intraday high surged to 1876 but was pushed back down again, which indicates strong selling pressure overhead. The hourly chart shows multiple long wicks probing the top, failing to break through the strongest daily resistance at 1880. It couldn’t even hold above 1900—so don’t talk about any “reversal.”
On-chain capital also doesn’t bring good news. Spot funds have seen large-scale outflows, and every rebound is weaker than the last. Therefore, Steel Brother has decided to guide fans to take short positions at the current level—go in and take a solid chunk of meat.
Brothers who’ve read this, don’t let the market lead you around. If you want the method to get trade execution in advance and want to know more chart details, go to the homepage chat room to find Steel Brother!