ETHUSDT: Bulls in Charge or Just Overconfident?
$ETH is up +2.9% — great, right? But wait…
Top traders are 2.5x more long than short — feels like everyone's riding the rocket... maybe too many?
Taker sell volume is outpacing buys — not exactly bullish vibes.
Open interest is climbing — more money on the table, mostly long.
MACD says "maybe up", but higher timeframes look like they’re catching their breath.
My take? A cheeky pullback to ~$2515 wouldn’t surprise me.
Tight short with stop above $2570 — just in case ETH decides to moon instead.
So... is this a breakout or a bull trap with extra cheese?
Drop your thoughts below — let’s outsmart the whales together.