Hello everyone!
Ethereum (ETH) is currently presenting a potential golden opportunity for savvy traders. The 2600–2630 USD range is showing signs of strong consolidation. This is not the time to rush into shorts — the market structure suggests caution for bearish positions.
Let me be honest here: it's unlikely that institutional whales are increasing their positions at this level. What we are witnessing is mostly retail traders aggressively shorting ETH with leverage. This kind of imbalance can often lead to a short squeeze if momentum shifts.
If ETH manages to hold within the 2600–2700 USD range, especially during U.S. trading hours, it opens the door for American investors — and potentially Wall Street buyers — to step in and accumulate positions.
Should ETH successfully break and sustain above 2700 USD tonight, we could start seeing a slow, steady uptrend. The key is patience and strategic positioning.
Summary:
✅ 2600–2630 = consolidation zone
🚫 Avoid rushing into shorts
🧠 Mostly retail leverage shorts
🇺🇸 U.S. market timing critical
📈 Above 2700 = potential for a steady climb
Stay sharp, stay informed — and let the market come to you.