- Price Nuked: Crashed to $2,582 (-4.94%), barely holding above 24h low ($2,556). - EMAs Scream "SELL": Price below all key EMAs (9/20/50/200) → Downtrend confirmed. - RSI Oversold: RSI(14) at 27.88 (almost pancaked). - Volume Ghosted: 26K vs. avg 71K → No buyers, just panic sellers.
🔥 Why It Happened: 1. Sellers dominated (OBV dumped). 2. MACD went full bear mode (-5.73). 3. Liquidation Cascade: Weak hands got rekt near $2,556.
🎯 Next Moves: - Short Bounce: Sell any rip to $2,604 (EMA9). - Long? Only if: $2,556 holds + RSI bounces. - Otherwise: Grab popcorn 🍿—next stop $2,500 if support breaks.
Pro Tip: Trade with stops or become a statistic. 😏 $ETH $BTC #MarketPullback