Let me put it straight — $ETH ETH has taken a hit, slipping from 2800 down to 2540. Right now, we’re hovering around 2505, which might be a reasonable level to start nibbling for bottom-fishing. But this is not the time to get cocky.
⚠️ Heads-up:
Keep your eyes on 2428 — that level is a trap, likely engineered by market makers. It’s tempting, but don’t get baited. If you’re entering here, sure, you can park your stop-loss just below it. But if it breaks, there’s no room for hesitation — cut the loss and get out. Survival mode.
📊 On-chain alert:
At 20:36 tonight, nearly 26,000 ETH was transferred to Binance. That’s a heavy move — and it means bottom fishing here could be like catching a falling knife. If you're going in, scale in slowly, in batches. No full-send.$ETH
If $ETH breaks below 2428, the next bearish magnet could be somewhere around 2300. Don’t fight the flow. The trend is your context — respect your stop-loss, stay liquid, and live to trade another day.
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Let me know if you want to add a chart, quick TA levels, or a call-to-action at the end — something like "watch this space" or a Binance product plug.