CryptoMarketAlert #Ethereum #ETH #Binance #TechnicalAnalysis #CryptoTra

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Ethereum ($ETH ) just delivered a classic market fakeout — tapping resistance at $2,879 before swiftly retreating to $2,760, marking a -1.8% drop in the last 24 hours. Is this a temporary cooldown… or the start of something deeper?

Let’s break down the charts and sentiment.

🔎 Short-Term Pain: Oversold or Opportunity?

On the 15-minute chart, the Relative Strength Index (RSI) just cratered to 17 — a clear oversold signal. Historically, such levels often precede at least a short-term bounce.
But zoom out a little, and the 1-hour MACD just flipped bearish, suggesting momentum may still be leaning downward in the near term.

And yet… there's something fishy — in a good way.

💡 Volume surged during the dip. Not retail panic — that’s whales positioning. Smart money often buys when fear peaks and RSI flashes red.

⏳ Mid-Term Outlook: Holding by a Thread

The 4-hour trend? Still technically intact, but only just. Bullish momentum is clearly fading.
Buyers are getting more selective, and we're seeing lower highs across the board.

📍 Key Levels to Watch

$2,754: This is make-or-break support. If bulls defend this level, expect a bounce toward $2,800–2,820.
Break below $2,754? That opens the door to a deeper slide toward the $2,670 zone — where previous buyers may re-emerge.
RSI reclaiming 30 will be your first confirmation of strength.
Watch the low-timeframe MACD for a bullish cross — early signal of reversal potential.

⚖️ Correction or Reset?

What we’re seeing might be healthy market structure — a reset after the recent run-up. Or it could be the first crack in the broader uptrend. Either way:

Don’t chase green candles. Let the chart speak — and protect your capital at all costs.

🧠 My Take: Wait for Confirmation

Unless you’re scalping oversold bounces, this isn’t the time to ape in. The next 8–12 hours will be key. A strong defense of $2,754 with rising volume and RSI recovery? That’s a green light for a quick play.

But if that level gives out… step back and wait. The market will always offer a better entry.

What’s your strategy from here? Holding, buying the dip, or sitting this one out? Drop your thoughts ⬇️

#CryptoMarketAlert #Ethereum #ETH #Binance #TechnicalAnalysis #CryptoMarketAlert #Ethereum #ETH #Binance #TechnicalAnalysis #CryptoTra
$Ethereum at the Crossroads: Bounce Incoming or Deeper Dive?
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