$ETH
The 1,832 level finally broke overnight.
In my post at 23:14 last night, I said 1,832 was the last short-term support. Overnight, the low dipped to 1,817. It’s at 1,832 now, grinding right along the level—but that doesn’t count as reclaiming it.
I’m not buying here. After breaking down and climbing back to the level, at best this counts as a confirmed bounce. Until it gets back above 1,920, there’s still a good chance this is a fakeout.
Looking lower, 1,800 is the next level down, and the 4-hour chart points to 1,800 too. On Kalshi, bets on the November low are already looking at 1,760.
BTC is at 65,598 and hasn’t hit 65,000 yet. The big brother hasn’t fallen, but the little brother is already down.
If you really want to trade it, there are only two ways: either wait for it to reclaim 1,920 before getting in, with a stop below 1,890 and targets at 2,000 first, then 2,038; or wait for signs of stabilization around 1,800. No signal, no trade.
If the daily candle closes below 1,800, 1,760 isn’t far away.
Weekend volume is thin. Don’t get carried away or take a large position.
This is my personal analysis and not investment advice.
#ETH
The 1,832 level finally broke overnight.
In my post at 23:14 last night, I said 1,832 was the last short-term support. Overnight, the low dipped to 1,817. It’s at 1,832 now, grinding right along the level—but that doesn’t count as reclaiming it.
I’m not buying here. After breaking down and climbing back to the level, at best this counts as a confirmed bounce. Until it gets back above 1,920, there’s still a good chance this is a fakeout.
Looking lower, 1,800 is the next level down, and the 4-hour chart points to 1,800 too. On Kalshi, bets on the November low are already looking at 1,760.
BTC is at 65,598 and hasn’t hit 65,000 yet. The big brother hasn’t fallen, but the little brother is already down.
If you really want to trade it, there are only two ways: either wait for it to reclaim 1,920 before getting in, with a stop below 1,890 and targets at 2,000 first, then 2,038; or wait for signs of stabilization around 1,800. No signal, no trade.
If the daily candle closes below 1,800, 1,760 isn’t far away.
Weekend volume is thin. Don’t get carried away or take a large position.
This is my personal analysis and not investment advice.
#ETH
