Technical Analysis (in Arabic)

The chart of "whales" data for pair $ETH #USDT clearly shows a downward trend:

Dominant force: There are 1151 whales in short positions compared to only 820 in long positions.

Profit difference: Sellers are currently in a significant profit (over 374 million dollars), while buyers are trapped in substantial losses.

Average entry: The average entry for buyers is very far at 2,567, indicating they are facing significant pressure to liquidate or close at a loss.

Conclusion: The momentum is decidedly bearish, and major players prefer to sell.

📝 Trading Plan

Trend: Bearish (Sell on retracements).

Entry area: Look for selling opportunities near 2,100 - 2,200.

Profit-taking targets: 1,850 | 1,720.

Stop loss: Close above levels of 2,350.

ETHUSDT

Perp

1,965.85

-0.74%