🔻 $ETH Market Breakdown: The Signals You Can’t Ignore 🔻
Over 13,000 ETH vanished from the order book in just 24 hours — and it wasn’t a bullish signal. While big buyers showed up, they didn’t lead. Their timing was off. Their moves? Drowned in a steady, relentless wave of sell pressure — especially after 3 AM. The result? A visible scar on the charts.
📉 Momentum? Weak.
RSI languishes in the low 30s — not signaling reversal, just a slow post-collapse cool-off.
MACD? Deep in the red, and even short-term indicators seem... exhausted. This isn’t a bounce setup. It feels like the uneasy pause between two acts — and Act II could be rougher.
📊 Futures Market? No Comfort.
Open interest is climbing, but shorts hold the steering wheel.
Longs exist — but they’re not confident. They're reactive, not strategic.
No short squeeze. No FOMO. Just a market bracing for more downside, driven by conviction — or worse, apathy.
🪙 If Bitcoin drops, $ETH has zero cushion.
If Bitcoin holds, ETH still needs to earn trust again.
For now, the market isn’t rewarding hope.
It’s just watching. Silently. Waiting.
#Ethereum #CryptoMarket #TradingSignals #BearishMomentum #CryptoSentiment