๐จ $ETH Noon Market Update ๐จ
Fam, many are asking: โIs ETH really back in a bull run?โ ๐ค Letโs break it down ๐
๐ Key Points:
ETH pumped this morning but stayed within the 5% fluctuation range I always mention.
My short avg is around $4020 (15x private, 10x public). At $4130, I wonโt add more.
If ETH touches $4200, Iโll stop loss and look for a better short entry.
โ ๏ธ Why Iโm still bearish:
The morning pump came in low-liquidity hours โ easy for big players to push.
No strong institutional buy-ins, no big money inflows ๐ธ.
This looks more like short squeezes & liquidation traps to trick retail into chasing highs.
๐ Conclusion: Donโt get fooled by surface-level pumps. Without real institutional support, this rise is temporary. My outlook = Bearish ๐ป
๐ค Anyway, time for lunch & some sleep โ will check the market again later.