A long-short ratio of 3.0193 is supporting $ETH; the diesel controversy only moved it 0.02%
The long-short account ratio is 3.0193, but $ETH is holding at just 2,498.03. At this level, I’m bullish—the pullback is a high-level divergence phase. While others are busy arguing, I’m watching the numbers.
Trump and Zelenskyy publicly disagreed over a diesel deal 2 hours ago. $ETH moved from 2,497.27 to 2,497.85, up just +0.02% during that time; the market didn’t treat it as bearish sentiment. The real signals are inside the market: 24-hour volume was 246,468,726 USDT, with a ratio of 0.321 against the 30-day average—clearly shrinking. The daily RSI is weak at 39.0, while the 7-day figure is still down -7.05%; Ethereum ETFs are also continuing to see outflows. The Fear & Greed Index is at 64, so sentiment hasn’t collapsed; there’s just no follow-through on momentum.
Resistance above: 2,500.02, then 2,520.54
Support below: 2,486.03
Line in the sand: 2,420.41, where the 4-hour SAR is holding
With a pullback on declining volume and the long-short account ratio still at 3.0193, my path is very clear: stay bullish above 2,420 without wavering.
Enter directly around the current price of 2,498. If it breaks below 2,420.41, take the loss and exit. If it holds above 2,500, target a continued move toward 2,520.54. Like and follow; I’ll let you know as soon as the market makes a move.
$ETH
The long-short account ratio is 3.0193, but $ETH is holding at just 2,498.03. At this level, I’m bullish—the pullback is a high-level divergence phase. While others are busy arguing, I’m watching the numbers.
Trump and Zelenskyy publicly disagreed over a diesel deal 2 hours ago. $ETH moved from 2,497.27 to 2,497.85, up just +0.02% during that time; the market didn’t treat it as bearish sentiment. The real signals are inside the market: 24-hour volume was 246,468,726 USDT, with a ratio of 0.321 against the 30-day average—clearly shrinking. The daily RSI is weak at 39.0, while the 7-day figure is still down -7.05%; Ethereum ETFs are also continuing to see outflows. The Fear & Greed Index is at 64, so sentiment hasn’t collapsed; there’s just no follow-through on momentum.
Resistance above: 2,500.02, then 2,520.54
Support below: 2,486.03
Line in the sand: 2,420.41, where the 4-hour SAR is holding
With a pullback on declining volume and the long-short account ratio still at 3.0193, my path is very clear: stay bullish above 2,420 without wavering.
Enter directly around the current price of 2,498. If it breaks below 2,420.41, take the loss and exit. If it holds above 2,500, target a continued move toward 2,520.54. Like and follow; I’ll let you know as soon as the market makes a move.
$ETH