🚨#ETH Today, June 21, 2025, the price action of Ethereum ($ETH) indeed reflects a complex and deceptive trading environment. Here’s a summary of the current situation:$ETH

Current Price: As of the latest data, Ethereum is trading at approximately $2,528.64.

Market Sentiment: The market is showing signs of volatility, with predictions indicating a potential increase of 2.01% today, possibly reaching around $2,570.05.

Price Movement:$ETH

Initial Phase: A long, boring chop that creates the illusion of a stable base.

Pump Phase: A sharp, aggressive pump that entices traders into believing in a bullish trend.

Distribution Phase: A slow bleed where large positions are offloaded to newly trapped long traders.

Final Phase: A bearish nuke that could liquidate those who bought into the false bullish narrative.

This pattern highlights the challenges retail traders face in navigating the market, especially when it comes to understanding the underlying strategies at play.

What are your thoughts on this price action? Do you think it will continue to follow this deceptive pattern, or are there signs of a genuine recovery?$ETH