**$ETH
$ETH /USDT 4h Analysis - Caution Advised**
The current price is at **2,532.58**, showing a **+2.01%** gain. However, the order book shows a tight spread with a **sell wall** at 2,532.58 and a **buy wall** at 2,532.59, along with a negative depth of **-3**, indicating potential liquidity manipulation.
Key Observations:
- **Possible Fakeout**: The tight spread and shallow depth suggest market makers might be trapping traders.
- **Wait for Confirmation**: Before entering any trade, wait for a confirmed breakout or rejection:
- **Bullish Confirmation**: Sustained move above **2,550** with volume.
- **Bearish Rejection**: Failure to hold **2,521** could signal a drop to **2,501--2,480โ2,400**.
Action Plan:
- **Avoid immediate entries**โthis could be a fake move.
- Watch for **volume-backed momentum** or a clear rejection at key levels.
*Trade safelyโpatience pays!* ๐