$ETH

ETH

2,913.6

+0.66%

$ETH Ethereum’s big move upward has paused for now — the market is giving off strong “bull trap” vibes. The $2800 zone has turned into a heavy congestion area, with a lot of trading pressure piling up.

I’m holding off until the U.S. stock market opens to see how price action develops before making any decisions.

The recent profit retracements have been huge, and Ethereum has already given back nearly 300 points of gains in this pattern.

This back-and-forth movement is getting exhausting 😂