$ETH Current price 1,992 USDT, do you think this is a continuation of the bullish trend or are we already preparing for a pullback?
My own opinion leans towards: leaning towards a wash after a high
Reason: $ETH
- The buying pressure is not strong enough, a breakthrough still lacks some momentum
- Divergence at high levels is starting to widen, short-term it's easier to wash first
- 15m defines the structure, 5m confirms, 1m is only responsible for providing precise points. No 1m breakout without 5m confirmation, do not act.
Suggested entry price: 2,008 USDT
Estimated target price: 1,889 USDT
Stop-loss reference: 2,056 USDT
But what I fear most at this position is that the bears have not yet exerted force and are squeezed first.

ETHUSDT
Perp
2,112.49
+2.74%