đ§ Ethereum slips, and the market blinks.
$ETH just broke below its recent comfort zone, hovering near $2.2K đ â a move that's not just technical, but heavily sentiment-driven. With rising geopolitical tensions in the Middle East, risk appetite across all markets is fading.
đ Futures are flashing warning signs. The Taker Buy/Sell Ratio is at 0.93 â its lowest in a month â meaning sell-side aggression is in full control. No surprise ETH couldn't hold $2,300.
Leverage? Still high â OI is sitting at $28.19B. But don't be fooled. Thatâs not bullish strength, thatâs shorts doubling down đ§¨. The RSI scraping 34 and negative funding across major exchanges tells you exactly who's in charge: the bears.
đ My take? If bulls donât step in with serious volume, weâre not just dipping â weâre diving. CVD and sentiment arenât just red, theyâre deep red.
This is more than noise. It's a setup. Stay sharp. đŻ