$ETH
⚠️ Don't Buy FOMO ⚠️
What You’re Seeing:
A sharp green rally pushed ETH to $3,673.72.
Many jumped in late (FOMO buying).
The next candle dumped hard, pulling price down to $3,620, wiping out gains and trapping late buyers.
Volume surged — confirmation of buying climax.
EMA(7) is starting to turn down, signaling momentum loss.
---
💡 Why You Shouldn't Buy in FOMO:
1. Late Entry = High Risk – The move is often over when emotions take over.
2. Whales Exit on FOMO – Smart money sells into retail hype.
3. False Breakouts – Price spikes to hunt stop-losses, then reverses.
4. You Become Exit Liquidity – Your buy becomes someone else's profit.
---
🧠 Pro Tip:
Wait for a retest or consolidation. If price bounces off key EMAs like the EMA(99) (currently near $3,616), it may provide a safer entry. Don’t chase green candles.