$ETHFI is bleeding on almost no volume.
Down 4.85% to $0.7028, but 24h volume is only $6.12M and the 4h move is -5.3%. That’s the part nobody is talking about. 👀
That matters.
RSI is sitting at 49, while price is still above the 20d and 50d moving averages. Funding is barely positive at 0.005%, so longs are paying, but there’s no real volume behind this selloff. Even $SOL is showing more conviction than this.
At $0.70, I’m watching for a clean hold. Lose it with volume and the bullish stack gets ugly fast. ⚠️
Not bullish yet.
That $0.70 level hold or break, which side are you on? 📉
#ETHFI #Binance
Down 4.85% to $0.7028, but 24h volume is only $6.12M and the 4h move is -5.3%. That’s the part nobody is talking about. 👀
That matters.
RSI is sitting at 49, while price is still above the 20d and 50d moving averages. Funding is barely positive at 0.005%, so longs are paying, but there’s no real volume behind this selloff. Even $SOL is showing more conviction than this.
At $0.70, I’m watching for a clean hold. Lose it with volume and the bullish stack gets ugly fast. ⚠️
Not bullish yet.
That $0.70 level hold or break, which side are you on? 📉
#ETHFI #Binance