【$ETHUSDT】This wave of data seems off, deep breakdown


$ETH In-session routine volatility period, price struggling near the lower Bollinger Band, MACD dual-line dead cross underwater then converging but not yet golden cross, bearish momentum only temporarily easing. This rally is purely emotion release, evidence is 1-hour level rebound with shrinking volume, obvious buy-side gap. Order book shows sell-1 at 2111.01 with nearly 200 ETH pressure orders, severe buy-side depth imbalance, heavy selling pressure above. 4-hour level EMA20 and EMA50 forming dead cross resistance, price quickly retreating after rebound to 2126, bulls unable to recover lost ground.
Current price 2111 short directly, stop loss above 2130. First target at 2080, if broken then look toward 2050. Under this structure, rebounds are position-adding opportunities, risk-reward ratio exceeding 1:2.
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ETH-3,43%
BTC-2,85%
SOL-3,16%
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TenThousandChangesOnevip
· 2h ago
Hey boss, I saw you posted about going long on 2085 this morning, are you still holding it 😁
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TenThousandChangesOnevip
· 2h ago
Good luck and prosperity 🧧
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