⚠️ ETH ANALYSIS: TRAP OR REVERSAL? ⚠️

$ETH bulls are hyped, but the big picture screams bearish. The major trend is down despite minor bounces. Long traders are paying high funding rates, setting up for potential pain.

• Major resistance met.

• Volume does not support the current push.

• Large timeframe RSI shows room to fall further.

Wait for a confirmed pullback to support with volume confirmation before considering entries. Strict SL required if you try catching the falling knife. Standing aside is the safest play here.

#Crypto #ETH #MarketAnalysis #TradingStrategy 📉

ETH
ETHUSDT
2,158.88
-3.82%