๐จ $ETH PUMPED 54% IN JULY โผ๏ธ๐ฅ
But nowโฆ things are getting shaky on the daily chart ๐ฌ๐งจ
Letโs break it down for the fam ๐๐
๐ The Hype Recap:
ETH soared from the lows like a rocket ๐
54% gains in one month โ thatโs not small flex, thatโs big baller energy ๐ช๐ธ
Bulls dominated July โ no cap ๐ฏ๐
BUT... ๐
๐ Now weโre seeing signs of weakness:
๐ป Bearish MACD โ momentum slowing down ๐
๐ป Bearish RSI divergence โ price making higher highs, but RSI making lower highs ๐ฌ๐
Thatโs usually a warning sign โ bulls losing gas โฝ
๐ What could happen next?
โ ๏ธ ETH could retrace to $3,500 in early to mid-August
โ Thatโs the key support zone ๐
โ Perfect area for a healthy bounce if bulls still in charge ๐ง ๐
๐ง Smart money isnโt panicking.
Theyโre watching, waiting, and READY to buy that dip like vultures ๐ฆ ๐ฐ
Retail panic = whale buffet ๐ณ๐ฝ๏ธ
๐ฏ Final Word:
Yes, ETH is cooling off โ but thatโs normal market behavior after a 54% run ๐ฎโ๐จ
Donโt get shaken, stay focused ๐
This dip might be your last chance before the next leg to $4K+ ๐ฅ
๐ฅ Like if youโre not panicking
๐ฌ Comment if youโre reloading on the dip
๐ Share with your ETH fam
๐ Follow & check my profile DAILY โ we do this live, no filters ๐๐ง