Ethereum Trend: The rebound is a flash in the pan, bears still hold the reins!
Review of Predictions:
Yesterday mentioned "the rebound is an opportunity to add shorts", this morning ETH spiked to $3,550 **immediately crashed back** to $3,480, the rebound was hardly worth a mosquito's meat, bears continue to control!
Why is the rebound so weak?
1️⃣ Institutions are cashing out at highs: The negative premium on ETH on Coinbase has widened, large funds are frantically selling into the rebound, buy orders simply can't keep up;
2️⃣ Technical Deadlock: The 4-hour chart is stuck at $3,550 (EMA120 resistance level), MACD red bars are popping up again, definitely a “trap for bulls”!
What's the plan for today? Keep falling!
• Any rebound above $3,530 (morning high) is just a trap, don’t be fooled!
• Next target is $3,420** (weekly support), if it breaks, it will directly drop to **$3,350!
💎 One-sentence Strategy:
Short at $3,500-3,520** with a stop loss at **$3,550, target $3,420**! Want bulls to survive? Unless it stabilizes above **$3,550 (probability <10%)!
#币安HODLer空投TOWNS #以太坊ETF连续12周净流入
(Data: TradingView, CoinMarketCap)
✅ Ironclad Rule Verification:
Bear market rebounds are escape opportunities, not reversals! The market always rewards calm bears🔥
