#ETH Wow! Don’t keep using faith as a shield this round. The price is pinned firmly below the dual moving averages. In the one-hour direction, it has already flipped to bearish. Even while the market is slipping lower, positions are quietly being built up in the strong shorting quadrant—this isn’t a washout. It’s the main force adding to shorts while pushing the price down. Valuation is also a terrible hand: it’s already been cut in half (and then some) from the historical peak. Bulls have no cards left to play. If you follow the short positions, whoever steps in will end up getting buried.
