Both the incremental trend and the divergence are on the board at the same time. The current price action of $ETH makes me more willing to look downward. The previous high area couldn’t hold, the 4-hour moving average has also been lost, and the structure has been weakening step by step. In this situation, chasing a rebound is actually quite passive. Everyone should probably feel it too—those that surged quickly earlier often come with a scary pullback after the first wave of advance.
We don’t need to rush. Wait for the market to give a clear direction before acting. Right now the strength of the pullback isn’t enough, and key levels are being pressured. I’m more inclined to follow the slightly bearish structure and wait for opportunities. Patience matters more than being quick to act.
🔴 Trade direction: Short
📍 Entry range: 2530 – 2570
🛑 Stop loss: 2600
🎯 Take profit 1: 2500
🎯 Take profit 2: 2450
In still waters, deep currents hide far-reaching insight; the market rises and falls with calm composure.
Walk alongside Sister Fei—read the pulse of the wealth tide.
#ETH
Click below to trade 👇
We don’t need to rush. Wait for the market to give a clear direction before acting. Right now the strength of the pullback isn’t enough, and key levels are being pressured. I’m more inclined to follow the slightly bearish structure and wait for opportunities. Patience matters more than being quick to act.
🔴 Trade direction: Short
📍 Entry range: 2530 – 2570
🛑 Stop loss: 2600
🎯 Take profit 1: 2500
🎯 Take profit 2: 2450
In still waters, deep currents hide far-reaching insight; the market rises and falls with calm composure.
Walk alongside Sister Fei—read the pulse of the wealth tide.
#ETH
Click below to trade 👇