⚠️ Ethereum Market Under Pressure: Triple Bearish Signals Trigger Institutional Activity

Ethereum is currently navigating through a highly volatile and risk-prone phase. Earlier today, ETH briefly surged above $1,835, only to face a sharp reversal back below $1,800. On-chain data confirms the severity of this move — over 16,000 ETH were sold in conjunction with a significant $38 million short position, pointing to clear signs of institutional sell pressure.

Technical Breakdown:

The market is showing converging bearish indicators, including:

A MACD death cross, indicating a trend reversal.

Rising selling pressure across multiple timeframes.

These overlapping signals are weakening bullish momentum and increasing the likelihood of further downside movement.

Key Risk Zone: $1,768 – $1,785

This price band has become a high-risk zone — with over $230 million in leveraged long positions stacked within. If these positions begin liquidating, it could trigger a chain reaction, potentially pushing ETH down to the $1,730 level — a critical support where further losses may be realized.

Strategy Outlook:

Avoid initiating new long positions at this stage.

A short setup could be considered on a relief bounce to $1,820–$1,825.

If ETH loses support at $1,775, continuation toward $1,730 appears increasingly likely.

Macro Risk Catalyst: CPI Data Incoming

With U.S. CPI data set to release tonight, market volatility has surged by 47%, resembling a compressed spring — ready to unwind. Given this level of uncertainty, preserving capital should take priority over aggressive positioning.

Shared as part of my market analysis series for the #WriteToEarn program on Binance Square (@NoriFtm). Stay alert, trade smart.

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