#MarketSentimentToday $ETH The market remains short-term bearish with fading momentum to the downside, and bullish pressure is building from oversold conditions. However, no full confirmation of reversal yet. We are in a low-probability neutral-to-bearish zone โ waiting for the next power move. --- ๐ง Technical Overview: ๐ป Bearish Factors: RSI(6, 14, 24) on both 1H & 4H remain below midline โ short-term strength still weak (1H RSI(14): ~37, 4H RSI(14): ~36) MACD histogram still red across all timeframes, with weak or shallow cross attempts (MACD < Signal on 4H & 1H) StochRSI on 4H is still in oversold zone (~12), with 1H barely recovering โ indicates no full bullish momentum flip yet Funding rate remains negative (~ -0.0058) โ suggesting majority are shorting, but no liquidation wave yet Order book still shows heavier ask wall above $2500-$2600, suggesting continued short pressure overhead OBV declining โ volume flow not supporting sustainable bounce --- ๐ข Bullish Reversal Signs Building: Wm%R(14) at extreme oversold on both 1H and 4H: -68 to -72 โ historically bounce-prone StochRSI divergence between 1H and 4H โ early signal of potential short-term bottoming MACD histogram flattening on 1H with attempt to cross zero โ needs confirmation Retail long dominance (L/S Ratio > 3) and OI increase โ retail is buying dips, but likely to be trap-prone without whale validation OI at 2.05M with growing L.S. Accumulation โ suggests buildup for next move (trap/reversal) --- โ ๏ธ Tactical Signal Status: Tier 1 Entry: โ Not Available (No multi-timeframe + indicator confluence yet) Tier 2 Entry: โ ๏ธ On Watch (Emerging bullish divergence forming on 1H) Tier 3/4 Short Bounce Possible, but dangerous without reversal confirmation Market Bias: Bearish-Neutral Risk Profile: Medium (Trap Likelihood High) --- ๐งช Tactical Conclusion: The ETH/USDT market is cooling off after a harsh drop. Funding, indicators, and order books show bearish-to-neutral control, but whales are not yet re-entering long. Retail may be buying too early, which could result in another stop run. However, short-term relief bounce is forming โ but only sustainable if MACD confirms reversal and OBV shifts up. --- ๐ Signal Decision: No fresh entry yet.
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