🚨 ETH ALERT: REAL RECOVERY OR TRAP FOR BULLS? 📉🚀
Ethereum ($ETH ) is at a critical moment, and the next hours could define the quarter! If you are positioned, STOP EVERYTHING and analyze this data with me.
💎 The Bull Side
Institutional sentiment is boiling! JPMorgan accepting ETH as collateral and BlackRock's Trust raising $254 million show that the "smart money" is accumulating. More importantly: the RSI (6) jumped from 33 to 63.73, indicating strong buying pressure and upward momentum in the short term.
⚠️ The Bear Side
Not everything is rosy. We faced a net outflow of $136 million in ETFs, and a whale just dumped 5,571 ETH into the market. On the chart, the price struggles to hold above the psychological support of $2,140. If the MACD crosses down on the 4h chart, the next target could be the $2,020 region.
🎯 My Strategy
We are testing the resistance of $2,189. A breakout with volume here confirms the bullish pivot. Otherwise, I await a retest at the main support for re-entry.
💬 What do you think: Are we going to reach $2,500, or will the whale dump prevail? Leave your opinion in the comments!
👇 TO NOT MISS THE NEXT SIGNALS:
If this content helped you, Follow my profile now! I am posting daily technical analyses and exclusive insights to help you profit in this cycle. 🚀📈
#Ethereum #ETH #TechnicalAnalysis #cryptotrading #BinanceSquare
