@Ethereum: Powering the decentralized future.
Eth Market Insight —
ETH has slipped hard from $2,800 all the way down to around $2,540 — and we’re now hovering near $2,505. This could be a reasonable zone to start bottom-fishing, but let’s be clear: don’t get overconfident.
⚠️ Key Level to Watch: $2,428
This level is a classic trap, most likely set by market makers to shake out weak hands. If you’re entering here, set your stop-loss just below $2,428 — but no hesitation if it breaks. Cut your losses and exit. Discipline is everything.
📊 On-Chain Warning
At 20:36 tonight, nearly 26,000 ETH was transferred to Binance — that’s not noise. That’s big money potentially preparing to sell. It’s a warning sign: trying to bottom-fish now is like catching a falling knife.