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everyone thinks support = automatic bounce, but actually $ETH is a clean case study in why that mindset gets traders cooked.

the painful part is buying “cheap” too early, then watching the chart bleed another 20-30% while your stop was just vibes. fomo longs near support can feel smart until the level cracks.

right now $ETH is still consolidating inside a much bigger $1,000-$4,500 range. price is hovering around support, but that doesn’t mean bulls are in control yet. ngl, this is where a lot of traders mistake range noise for reversal.

the risk is simple: if buyers fail here, the next serious downside zone could be around $1,500. not saying $BTC or $SOL have to follow tick-for-tick, but when eth loses structure, the whole market usually feels it. patience beats revenge entries, ser.

are you treating this $ETH zone as a bounce setup or waiting for confirmation?

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