🚨💥 ETH on a Real Roller Coaster Ride! 🎢💥
Guys, what just happened to Ethereum is pure shock 🤯. Just moments ago we were confidently holding above $4,730, and then — a sharp drop straight to $4,451 ⚠️. This wasn’t just a dip — it was a classic cascade of liquidations: massive orders smashed through support, sending the price plunging.
But here’s the twist — at the very bottom we saw a strong buyback 💪🔥: a long lower wick and huge volume spikes show that “big hands” are stepping in and scooping it up. The bounce is here, but… it’s now stuck under a tight resistance at $4,560–$4,628 🛑, where moving averages and Fibonacci levels are stacking up.
📊 Key Analysis Points:
MA(7) and MA(25) are still sloping down 📉 → short-term trend remains bearish.
To confirm a recovery, ETH needs to break and hold above $4,628 → that would open the way to $4,700–$4,736 🚀.
If it rejects in the $4,560–$4,600 zone and drops back below $4,500, get ready for another test of $4,451 or even lower 😬.
💡 My outlook: the market is now in a post-storm consolidation phase 🌪️. The real battle will be at the $4,628 level — it will decide whether we see a fast recovery or another leg down.
🔥 Buckle up, friends — volatility is at its peak today, and this ride could either be a perfect wave to catch 📈 or an ice-cold shower 📉.
