IS ETH WAKING UP OR A TRAP ⁉️
Possible early recovery.. there are bullish setups and short squeezes that could continue.
(Cointelegraph)
But it might still be a trap unless key technical levels break cleanly with sustainable support. Many analysts caution that rebounds have been false before. (mytokencap)
Bullish if:
Price sustains above key resistance with volume (breakouts matter).
Momentum and RSI indicators turn clearly positive.
Institutional/ETF flows remain strong long-term.
Bearish (or trap) if:
Price fails to hold above resistance and quickly reverses.
Rally is mostly leverage-driven (short-squeezes) rather than real demand.
Macro risk pushes broader crypto down.
(DYOR)
ETHUSDT
Perp
2,061.09
-1.66%
BTCUSDT
Perp
70,294.2
+0.18%
DASHUSDT
Perp
39.62
+1.48%