Let me put it straight — $ETH
has slipped hard from 2800 down to 2540. We're now near 2505, which could be a decent level to start small positions for bottom fishing. But don’t get overconfident.
⚠️ Important:
The 2428 level is a trap — most likely laid out by market makers. You can set your stop-loss just below it, but if it breaks, you have to cut your losses and exit. No hesitation.
📊 On-chain data showed that at 20:36 tonight, nearly 26,000 ETH was transferred to Binance. That’s a serious move, and bottom fishing here is like catching a falling knife. So if you're entering, do it in small batches — not all-in.
If $ETH
drops below 2428, the next bearish target could be around 2300. Don't fight the trend. Respect your stop-loss and live to trade another day.