🕯️ Is the collapse of Ethereum near or is it a whale trick? 😱💰
🔹 On the ETH/USDT chart (4-hour frame), a nearly complete head and shoulders pattern is visible, with a broken neck line at 4.40k–4.45k… A significant signal!
🔹 The price is currently trading near 4.30k below the averages (EMA7/25), with the EMA99 remaining supportive at 4.19k.
🔹 The RSI indicator is at 25 → strong selling saturation, but this does not mean a direct rise… Sometimes it is just the beginning of a deeper drop towards 4.07k!
📉 Likely scenario: Gradual decline to 4.20k and possibly 4.07k.
📈 Alternative scenario: Sudden rebound only if the price returns above 4.33k and regains the EMA7.
❓Question: Are we facing a greedy trap to lure buyers before sinking? Or are the whales preparing for a new bullish explosion?
Share your opinion 👇
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