📊 Ether at a crossroads: a shot up or a false flag?
ETH is once again reaching for 3900, like a tourist at a buffet — everything seems delicious, but something is holding it back. After a recent impulse, the market has frozen: the candles are smaller, the volumes are lower, and traders are squinting at the charts in search of a “bull flag.”
But a flag without wind is just a rag.
📉 What’s not to like:
– Volumes are falling. A breakout without volume is like a joke without laughter.
– Open interest in futures is not growing — which means no money has been brought into the attack.
– Liquidity is weakening: the order book is thin, like the patience of spot holders.
📈 What supports:
– ETF euphoria is still holding the temperature.
– The stock market is stable for now, VIX is not alarming.
– On the daily chart, ETH is still in the structure of “higher lows.”
🧠 My view:
Until a clear breakout at 3950–4000 with volume — this is not a rally, but a warm-up.
A pullback to 3600–3700 could be a useful “shoulder cleaner” before a new impulse.
If they break through 4000 with body and volume — we’ll see 4300–4500 faster than the SEC can say “disclaimer.”
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🔚 Conclusion:
Ether right now is not a rocket, but a drone on reconnaissance. We observe, do not rush.
In such moments, there’s no need to guess — we need to wait for confirmations.
