$ETH Typical trap of a price-boosting gate to lure buyers: that just now sharp surge up to 1933.04 was done to sweep out stop-losses from short positions at the highs, creating the illusion of strong bullish control. Now the needle tightens back—immediately it drifts lower with no limit; this is the chips being distributed by the main force in hand!
MA dead-cross in high altitude suppresses everything: MA7 has brutally formed a dead cross with MA25. Each rebound high is lower than the last, and the price is firmly pinned to and rubbing beneath the Bollinger Band midline (1918).
A huge explosion in bearish volume: the MACD dead cross is still expanding its volume—red bars are getting thicker and thicker, with downside momentum fully maxed out!
Take my advice: if you go bargain-hunting and going long now, you’re just providing fuel for the big players. Trade with the trend—flipping to short at high levels is the way to go!
MA dead-cross in high altitude suppresses everything: MA7 has brutally formed a dead cross with MA25. Each rebound high is lower than the last, and the price is firmly pinned to and rubbing beneath the Bollinger Band midline (1918).
A huge explosion in bearish volume: the MACD dead cross is still expanding its volume—red bars are getting thicker and thicker, with downside momentum fully maxed out!
Take my advice: if you go bargain-hunting and going long now, you’re just providing fuel for the big players. Trade with the trend—flipping to short at high levels is the way to go!