Big banks and institutions don't want you to know that they are buying
$ETH in bit by bit for it next
#ATH .
Earlier in my previous post
#Ethereum was in a sideways market. Price moves back and forth within a clear high and low.
Big players such banks and institutions quietly build positions here while retail traders get bored and overtrade.
Under a careful analysis, I managed to spot the Smart Money Concept (SMC) power of 3 which state Accumulation, Manipulation and Distribution (AMD)
Currently under the 3 hours Time Frame, Ethurm is in phase one which is Accumulation where it ranging.
I predict that Manipulation phase may happen in the Breaker Block within the 3 hours Time Frame.
Next and Finally stage is Distribution.After liquidity is collected, price moves with direction and momentums.This is where patience pays.
So, What Should Traders Do in These Waters?
✔️ Identify the range clearly which is currently froming.
✔️ Avoid trading the middle of the range.
✔️ Expect fake moves before real one comes.
✔️ Trade confirmations, not emotions.
✔️ Manage risk 🛑.
With all my Analysis no setup is guaranteed.
#WhaleDeRiskETH #ETH