$ETH : market stalls after the rebound
After dropping to 2379, ETH bounced quickly to 2525. The local trend looks bullish, but indicators suggest the market is overloaded with longs. Volume has stabilized, open interest stopped growing, and the long/short ratio is over 2.6. A stop-hunt may come before the next move.
🔻 Short setup:
Entry: 2550–2560 zone, if price rejects the level or leaves an upper wick
Take-profit: 2485 → 2450
Stop-loss: above 2575
🔼 Long setup:
Entry: after a retest of 2470–2485 with clear confirmation from volume
Take-profit: 2550 → 2590
Stop-loss: below 2465
Entry conditions:
— Only enter on confirmation (price reaction, volume, wick)
— No guessing — react to what the chart gives
— Always use a stop. The market is aggressive right now and punishes overconfidence