$ETH just slipped to $1,834 while the tape feels way quieter than the drop 😶🌫️
That’s the part nobody’s talking about.
Volume is only $479M, basically half the 20d average, yet price is still sitting above the 20d and 50d MA. Weak hands are selling into a market that isn’t even getting real participation.
RSI on the 4h is 44. Not dead. Just cooling.
And funding is still positive, so longs are paying while spot demand is soft. That combo usually gets nasty fast ⚠️
This is a reset, not a panic.
Bull or bear on $ETH here?
#Ethereum
#Altcoin
#Layer1
That’s the part nobody’s talking about.
Volume is only $479M, basically half the 20d average, yet price is still sitting above the 20d and 50d MA. Weak hands are selling into a market that isn’t even getting real participation.
RSI on the 4h is 44. Not dead. Just cooling.
And funding is still positive, so longs are paying while spot demand is soft. That combo usually gets nasty fast ⚠️
This is a reset, not a panic.
Bull or bear on $ETH here?
#Ethereum
#Altcoin
#Layer1