ETHEREUM $ETH IS AT $1,874 AND I STILL THINK IT DIPS FIRST.
$1,750 to $1,715 is where my bids sit.
June already showed the script. $ETH lost a five-month range, swept the lows, and had it all back within weeks.
The people who sold that wick sold the bottom of the quarter.
The dip is not the risk. Selling into it is.
Lose the June low and I'm wrong.
This is very worrying.
$BTC dumped to $62,400 yesterday liquidating $384M in 24 hours!
But here's the important part:
There’s now $4.4B liquidity above up to $66,000 and $2.6B below to $60,000 meaning shorts above could be the next bigger target.
On the LTF, $63,300 is the closest major upside magnet, making that the likely level to sweep today.
Whales have defended $62,500 so far, but the larger orders are currently stacked above at $63,000 - $65,000 which means smart money are convinced ...