🐳 $ETH 4-hour death cross—let’s take a look from the perspective of market positioning:
The bullish momentum bars have continued for 18 consecutive 4-hour candles, suggesting buyers were firmly in control before, but the latest rally is starting to lose steam. The indicator is below the zero line, and the rebound weakened again before it could take shape. Anyone looking to buy the dip will need to be patient.
If you think this makes sense, give it a like. If you disagree, share your thoughts in the comments.