$ETH USDT Perp - The King of Smart Money
Fire alert 🚨 $ETH is pulling back hard, but this is where legends are made. Price just smashed through some weak hands at $2,8xx. The fear? Palpable. The opportunity? Massive.
Market Vibe: Whole market is red, ETH leading the charge down. Not a time for panic, it's a time for precision. This is a classic bull market flush before the next leg up.
Key Levels to Watch:
· Immediate Resistance: $2,880 - $2,950 (Yesterday's support, now resistance)
· Major Support: $2,650 - $2,600 (The Line in the Sand). If this breaks, we're going deeper.
· Critical Zone: $2,720 area (where we are now). Reaction here is EVERYTHING.
Trader's Insight:
· Short-term (Swing): Bears in control. But a bounce from $2,650 could be vicious.
· Long-term (Diamond Hands): This is a gift. Accumulation zone for the next cycle high. Staking yields + potential ETF whispers = recipe for explosion.
Trade Targets (Long Bias on Support Hit):
1. Aggressive: Entry near $2,660. Target 1: $2,820. Target 2: $2,950. Target 3: $3,100+.
2. Patient: Wait for a clear 1H candle close back above $2,850 for confirmation of momentum shift.
Pro Tip: Watch BTC dominance. If it peaks and ETH starts to hold, the "flippening" narrative fuel gets poured on the fire. Don't just trade price, trade narratives.
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