$ETH Broke below 2400 and bounced back, but this isn’t a reversal—it’s an exit door
Direction: Short (sell the rally)
Entry: 2450–2480, resistance zone on the rebound
First target: 2359
Second target: 2300
Stop-loss: 2530; don’t hold if it breaks above
Position size: 20%, keep it small
Only three reasons:
ETH spot ETFs have seen 10 straight days of outflows; adjusted for market cap, the outflows are 7 times those of BTC
BitMine, the largest buyer, announced it would stop buying once its holdings reach 5% of the total supply, dashing expectations for continued buying
100,000 ETH moved to exchanges, and leveraged positions haven’t been fully cleared
2450 is the make-or-break level. If price can’t reclaim it, the rebound is over
ETH
#以太坊跌破2400USDT #以太坊 #ETH
Direction: Short (sell the rally)
Entry: 2450–2480, resistance zone on the rebound
First target: 2359
Second target: 2300
Stop-loss: 2530; don’t hold if it breaks above
Position size: 20%, keep it small
Only three reasons:
ETH spot ETFs have seen 10 straight days of outflows; adjusted for market cap, the outflows are 7 times those of BTC
BitMine, the largest buyer, announced it would stop buying once its holdings reach 5% of the total supply, dashing expectations for continued buying
100,000 ETH moved to exchanges, and leveraged positions haven’t been fully cleared
2450 is the make-or-break level. If price can’t reclaim it, the rebound is over
ETH
#以太坊跌破2400USDT #以太坊 #ETH