Is this
$ETH recovery a real comebackโor just another bull trap? ๐
Donโt rush into fear from fear.
The move from $1,680 to $1,700 right now looks more like a temporary pause than a confirmed reversal. Without strong volume or a clear breakout, every bounce remains vulnerable to sell pressure.
What Iโm watching:
๐ป Short zone: $1,680โ$1,700
โ Invalidation: a daily close above $1,710
๐ฏ Targets: $1,600 โ $1,550
If $1,710 breaks and momentum holds strong, then the bearish setup loses strength and could turn
$ETH into a broader recovery phase. Until then, confirmation matters.
Market overview:
โข
$BTC remains range-bound, with the possibility of whales accumulating or distributingโbut itโs still unclear.
โข btc continues to show relative strength with steady flows into AAVE.
โข btc and $HYPE are still stagnant, making early entries less attractive.
Successful trading isnโt just about forcing a daily position. Itโs about waiting for the right setup with favorable odds.
Whatโs your planโreject the rejection or wait and avoid an early exit? ๐
#Binance #memory #ArgentinaVsSpainFinal