$ETH is playing mind games again. On the daily chart, it tapped near 4790, then got slapped back down. Now we’re hanging in the 4180 zone, a dangerous middle ground.
📉 Technical view:
RSI cooling off, momentum slowing.
Price rejected hard from the highs.
Structure pointing to one thing: more downside pressure.
🧠 Psychology & Sentiment:
This is where most traders lose their edge. Big players love this range. They shake confidence with quick pumps, then dump it back down. Retail calls it “support,” but in reality, it’s just a staging area.
📊 Pattern:
The chart shows exhaustion. Every green candle gets swallowed quicker than the last. That’s not strength, that’s liquidity collection.
🎯 Mindset:
Don’t chase noise. Don’t call every bounce a rally. Big players are aiming for the same hunting zone I’ve been talking about 3600–3800. That’s where fear peaks, and that’s where real positions are built.
🔥 Mark this down: ETH will test 3600–3800 before we see any real attempt to climb again. Until then, patience > FOMO.
