$ETH is flashing danger signs despite the bullish hype. Here’s what’s cooking:
🔎 Trend Check
📉 Lost EMA20 & EMA50 → momentum fading fast.
🟠 Sitting on EMA200 support → last lifeline.
📊 MACD flipped bearish → sellers pressing hard.
📉 Volume weak, RSI at 45 → downside still open.
📊 Order Flow & Derivs
❌ Order book shows –65% imbalance → bears running the show.
📑 Funding flat → market waiting for a trigger.
🚧 Sell walls stacking up → every bounce faces resistance.
📝 Technical Verdict
Bias → Bearish
Next test → $4,200–$4,150
Break that? → Hello $4,000–$3,950 👀
Bullish invalidation → Above $4,480 with strong volume → target $4,600–$4,700.
⚠️ Final Take:
ETH is walking a tightrope 🪢. Bears control ~65% of the order flow. If $4,200 cracks, $4K could hit fast. Stay sharp and don’t get trapped. 🛡️
🔥 Side Note: $SOL showing strength — could be the one to watch as ETH stalls. 🚀
$ETH 4,203 (-2.6%)
$SOL 178 (-2.4%)
