$ETH : Last Opportunity or Market Trap?
Everyone is posting that "Ethereum is showing bullish signs," "now is the time to buy," and "there's only upside ahead"...
But the data tells a different story.
The daily ETH chart shows that, despite a small bounce to $1616 (+1.58%), we remain below the Bollinger Band midline (MB) and key resistance levels. The RSI at 42 indicates weak momentum, with no strong trend confirmation. Volume also remains relatively low for a true breakout.
Additionally, the MACD, although attempting a positive cross, still doesn't give a clear reversal signal.
Are we truly entering a solid recovery phase or just witnessing a technical rebound before another drop?
Are you making decisions based on emotional headlines or objective data?
ETH's market needs more than optimism to break its current bearish structure. Analyze — don't get carried away. In crypto, charts scream what words try to hide.
