$ETH 1H: It followed the decline, but the rhythm was slightly different.
It quickly dropped from around 2360 to near 2160, then bounced back to around 2224; the volume spike nearly coincided with the sell-off candles.
Funding was slightly negative—the short side was paying the long side, suggesting short-term sentiment wasn’t overwhelmingly tilted toward “chasing longs.”
Under the same security-event disruption, ETH looks more like a high-beta, amplified version of the volatility.
Would you first look for a recovery to the start of the sell-off, or see whether it can hold above the rebound high?
$ETH
It quickly dropped from around 2360 to near 2160, then bounced back to around 2224; the volume spike nearly coincided with the sell-off candles.
Funding was slightly negative—the short side was paying the long side, suggesting short-term sentiment wasn’t overwhelmingly tilted toward “chasing longs.”
Under the same security-event disruption, ETH looks more like a high-beta, amplified version of the volatility.
Would you first look for a recovery to the start of the sell-off, or see whether it can hold above the rebound high?
$ETH
