Ethereum is down 0.9% over the past 24 hours and 3.9% over the past week. As of 14:00 WIB, the ARKUS signal for $ETH is still SHORT, with HIGH confidence, but its Smart Entry status is wait_bounce: at 2.304, the price is already too far below the entry zone of 2.312 to 2.320.
Confluence grade C, with a score of 38; the recommended maximum leverage is 2x. D1, H4, H1, and M15 are all bearish.
If-then plan: a new short is only relevant if the price first bounces to 2.312 to 2.320. As long as it remains at 2.304, don't chase it. The invalidation level is 2.381; a break above that level cancels the setup. Dominance $BTC is 59.4%; Fear & Greed is 48.
Confluence grade C, with a score of 38; the recommended maximum leverage is 2x. D1, H4, H1, and M15 are all bearish.
If-then plan: a new short is only relevant if the price first bounces to 2.312 to 2.320. As long as it remains at 2.304, don't chase it. The invalidation level is 2.381; a break above that level cancels the setup. Dominance $BTC is 59.4%; Fear & Greed is 48.