My portfolio right now: 90% regret, 9% hopium, 1% actual money. If crypto was a dating app, I'd be the guy still swiping right on $DOGE at 4x from ATH.
Entry Zone: $1,880 – $1,920 (Wait for a weak bounce to resistance)
Bearish Below: $1,845 (New local low)
Target 1 (🎯TP1): $1,750 (Psychological support)
Target 2 (🎯TP2): $1,680
Target 3 (🎯TP3): $1,600
Stop Loss (SL): $1,965 (Above the recent bearish trend line)
🔍 Why the Bearish Bias?
📉 Technical Breakdown: ETH has fallen below its 100-hourly Simple Moving Average and a key bearish trend line has formed with resistance at $1,950.
📊 Momentum Shift: The MACD is deep in negative territory (DIF: -18.05), and the histogram shows expanding bearish momentum.
🐋 Liquidations & Demand: A sudden deterioration in crypto demand has triggered leveraged position unwinds, accelerating the decline. Recent news of major players facing liquidation risks has further dampened sentiment.
⚖️ Whale Divergence (CYBER Context): While we are looking at ETH, broader market sentiment (as seen in your $CYBER data) shows smart money aggressively stacking shorts with a 0.25 Long/Short ratio, indicating institutional caution across the board.
⚠️ Invalidation Level: A sustained break and 4-hour candle close above $1,950 would invalidate this bearish setup. This could trigger a "Short Squeeze" back toward the $2,000 psychological barrier. $ETH
Insight: Top traders and whales show strong accumulation while shorts are underwater at $0.412–$0.413. Break above $0.412 could trigger a sharp short squeeze toward $0.43–$0.45 ⚡
Insight: Price is defying larger short whale pressure, creating squeeze potential if $0.0194 holds. Extreme fear vs 97% bullish social sentiment suggests contrarian opportunity ⚡
Insight: RSI bearish divergence + rising short whale positions hint at momentum exhaustion. Loss of 0.235 support could accelerate drop toward 0.223–0.20 ⚡
Insight: Whale profit-taking + low L/S ratio keeps structure weak, but trapped shorts above 1.675 can fuel a sharp upside squeeze if breakout confirms ⚡