🚨 Live Market Update: $ETH Bulls
— Time to Regain Momentum
📢 Let’s bring ETH back to life
🔍 Candlestick Pattern Analysis (Last 24 Hours)
Over the past 24 hours, ETH’s 1-hour chart has shown multiple signals of indecision and potential reversal:
▪︎ Doji & Spinning Top — clear signs of hesitation between bulls and bears.
▪︎ Long-Legged Doji & High-Wave Candles — indicate strong market volatility, suggesting that a breakout is near.
▪︎ Hanging Man on the 4-hour chart — a bearish reversal signal, especially dangerous if confirmed by a strong red candle.
📉 Current Bearish Threat:
ETH has pulled back from yesterday’s high at $2,769+, and is now testing key support levels with no clear direction.
🔻 Bears are trying to take over, fueled by indecision and fear. If no bullish confirmation appears, the price could slide further toward $2,460–$2,480.
🚀 Message to the Bulls: This is the Moment
Bulls must act now to:
Break the hesitation phase.
Reclaim bullish momentum.
Target a recovery zone between $2,600–$2,680, pushing back toward the $2,769 resistance level.
✅ A strong bullish engulfing candle or back-to-back green candles on the 1-hour timeframe could shift market sentiment in favor of the bulls.
🧭 Scenarios to Watch:
1️⃣ Bearish Continuation
▪︎ Confirmed red candle after hanging man
▪︎ Likelihood : 50–60%
2️⃣ Sideways Range
▪︎ Continued indecision, no breakout
▪︎ Likelihood: 30–40%
3️⃣ Bullish Reversal
▪︎ Strong green candle with rising volume
▪︎ Likelihood: 10–20%
— but rising if bulls step in now
⚠️ Final Note:
ETH is not in danger yet, but the market is hesitating at a key decision point.
This is the perfect window for bullish traders to:
➡️ Watch for confirmation candles.
➡️ Increase volume and buying pressure.
➡️ Break the bearish sentiment before it takes control.
Breakout is one solid candle away. 🌱💥
Buy and Trade here on $ETH
