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$ETH Currently, ETH is around 2108. I prefer to wait for a pullback after a rally before entering again~
It feels like the market is struggling to move higher, and chasing in hard now isn't really worth it. This move seems more driven by sentiment, and the follow-through hasn't been strong.
If the 5-minute chart reclaims a key level, or the 15-minute chart hits a new high, or if it breaks a support level and then forms a higher low, then this idea would be invalid.
Entry plan: 2125 USDT
Expected target: 1998 USDT
Stop-loss if wrong: 2175 USDT
I'm just worried that after a sharp drop here, it might quickly rebound again, and getting caught in a whipsaw would be really frustrating.
If it were me, I definitely wouldn't touch it right now. I’d wait and watch a bit longer, and not rush into a trade.