$ETH Don’t mistake a short-term oversold bounce for a trend reversal!!!
Lately, Brother Fa has been reminding everyone that ETH’s short-term trend has started to weaken, and rebounds in major coins are getting weaker too. Especially with CPI expectations running high and both U.S. stocks and BTC under pressure, Fa would rather wait for a bounce to look for shorting opportunities than blindly buy the dip. Spot ETH has seen continuous outflows of around 200 million. A foundation-linked wallet sold 1,000 ETH, contributing to a 7.7% drop. Inflation exceeding expectations triggered more than 500 million in liquidations within four hours, and a lawsuit from a former employee has added to the gloom in the short term.
There’s a lot of hot air in this rebound! Volume dried up on the 15-minute chart, and after climbing to 2,073, buying momentum suddenly vanished as trapped holders rushed to exit. ETH has fallen nearly 15% in seven days and more than 18% in thirty days. With macro headwinds and institutional outflows, the broader trend remains weak. This rally is most likely a bull trap—don’t rush to buy the dip and try to catch a falling knife!
Trading analysis: Resistance zone at 2,060–2,080. If the rebound stalls, consider a small short position, targeting 2,030–2,010. If 2,000 holds, that’s key; if it breaks, the next downside target is 1,950.
Follow Brother Fa for ongoing in-depth market analysis and insights into capital flows, helping you spot opportunities and avoid risks! #Anthropic拒绝延期IPO，本周路演估值几何？ #比特币现货ETF连续三日净流出2.01亿美元
Lately, Brother Fa has been reminding everyone that ETH’s short-term trend has started to weaken, and rebounds in major coins are getting weaker too. Especially with CPI expectations running high and both U.S. stocks and BTC under pressure, Fa would rather wait for a bounce to look for shorting opportunities than blindly buy the dip. Spot ETH has seen continuous outflows of around 200 million. A foundation-linked wallet sold 1,000 ETH, contributing to a 7.7% drop. Inflation exceeding expectations triggered more than 500 million in liquidations within four hours, and a lawsuit from a former employee has added to the gloom in the short term.
There’s a lot of hot air in this rebound! Volume dried up on the 15-minute chart, and after climbing to 2,073, buying momentum suddenly vanished as trapped holders rushed to exit. ETH has fallen nearly 15% in seven days and more than 18% in thirty days. With macro headwinds and institutional outflows, the broader trend remains weak. This rally is most likely a bull trap—don’t rush to buy the dip and try to catch a falling knife!
Trading analysis: Resistance zone at 2,060–2,080. If the rebound stalls, consider a small short position, targeting 2,030–2,010. If 2,000 holds, that’s key; if it breaks, the next downside target is 1,950.
Follow Brother Fa for ongoing in-depth market analysis and insights into capital flows, helping you spot opportunities and avoid risks! #Anthropic拒绝延期IPO，本周路演估值几何？ #比特币现货ETF连续三日净流出2.01亿美元
庄家诱多，后续继续下探
76%
已经企稳，开始修复
16%
区间震荡来回磨底
8%
37 votes • Voting closed
