Here's what happened when $ETH last broke above a key resistance in a greed-heavy market.
Traders who chased that breakout without a plan ended up holding bags after the fakeout. The pain of buying the high and not knowing when to get out is what keeps repeating.
This time the setup looks familiar. $ETH punched through the level as Bitcoin spot ETFs turned net positive year to date. The tape feels strong on the surface.
But $OP is lagging the move. That's a divergence most people miss until the retrace starts. Attention is already shifting toward names like $SUI while greed stays elevated.
Past cases like this usually see a sharp test of the breakout. Liquidity gets hunted above, late longs get flushed, and only then does the real trend decide. That's the risk hiding in the celebration.
Where do you think this goes from here?
#EthereumBreaksAbove #BitcoinSpotETFsTurnNetPositiveYTD #BitcoinSpotETFsNetInflow
Traders who chased that breakout without a plan ended up holding bags after the fakeout. The pain of buying the high and not knowing when to get out is what keeps repeating.
This time the setup looks familiar. $ETH punched through the level as Bitcoin spot ETFs turned net positive year to date. The tape feels strong on the surface.
But $OP is lagging the move. That's a divergence most people miss until the retrace starts. Attention is already shifting toward names like $SUI while greed stays elevated.
Past cases like this usually see a sharp test of the breakout. Liquidity gets hunted above, late longs get flushed, and only then does the real trend decide. That's the risk hiding in the celebration.
Where do you think this goes from here?
#EthereumBreaksAbove #BitcoinSpotETFsTurnNetPositiveYTD #BitcoinSpotETFsNetInflow
