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Details: ht
The great battle at $4,200: The decisive moment for Ethereum! 🥊
Damn, what tension is in the crypto environment! My dear Ethereum is at a crossroads that has me biting my nails. 🚀📉
Let me tell you what I see from my trench: ETH has been rising with brutal strength, but right now it is dangerously dancing around $4,300. It’s a nerve-wracking zone where everything is decided. As a trader who has lost and won in these battles, I tell you that this is where we will see if the bulls have the guts to keep pushing or if the bears are going to give us a blow that we will remember for months. I feel like I'm in the stands of a championship match going to penalties. ⚽️⏳
I have been analyzing the charts until I go blind and there are a couple of signals that, honestly, worry me quite a bit:
1. Running out of gas: In the daily chart, ETH hit new highs, but the RSI isn't following, damn it! It's like watching your team celebrate goals while the referee has already raised the offside flag. This bearish divergence stinks of a correction everywhere.
2. The technical support broke: In the 4h chart, the bullish line that was protecting us went to hell. Now ETH is bouncing like a ball between $4,500 and $4,200, and I'm telling you straight: if it loses $4,200, we're going down to $3,800 faster than a politician changing their mind. 🎢
And look at what happens with investors, which is what really worries me. Despite the high prices, people are not betting heavily with leverage. Financing rates are weak, much lower than when we rose in previous cycles. It's as if people are shouting "Long live ETH!" but with their wallets tightly closed. 🎟️
I’m clear on this: the price is rising but the real enthusiasm isn’t there. I’ve seen this pattern before and it almost always ends in tears. If we can’t hold at $4,200, get ready to see blood. If we resist, maybe, just maybe, we can dream of $5,000.
And as I write this, I look at the chart every two minutes. These days define whether we eat caviar or instant noodles. I already have the sell orders prepared, just in case. What about you?
The markets do not forgive those who sleep. Up or down, but decided already! 🍿
The thorny fence near the price of $4,200: The decisive moment for Ethereum. 🥊
Damn, what tension is palpable in the digital ecosystem! My beloved Ethereum is at a crossroads that has me biting my nails to the bone. 🚀📉
Let me share my perspective from the trenches: ETH has been climbing with wild momentum, but right now it dances dangerously close to $4,300. It's a pure adrenaline zone where everything is defined. As a speculator who has bled and triumphed in these battles, I confess that here we will know if the optimists have the guts to keep pushing or if the pessimists will land a blow that we will remember for months. I feel like a spectator of a match where the championship is decided in penalties. ⚽️⏳
I have been deciphering charts until I go blind and there are signals that frankly worry me:
1. Running out of fuel: In the daily chart, ETH hit new highs, but the RSI doesn't confirm it, damn! It's like watching your team celebrating while the referee has already raised the offside flag. This divergence smells like correction all over the place.
2. The technical support has broken: In the 4h chart, the bullish line that was supporting us has vanished. Now ETH bounces like a ball between $4,500 and $4,200, and I say this bluntly: if it loses $4,200, we will plummet to $3,800 faster than a politician changing their speech. 🎢
And look what happens with the investors, which is what truly disturbs me. Despite the high prices, people are not betting heavily with leverage. The funding rates are weak, much lower than during previous rises. It's as if people were cheering "Long live ETH!" but with their wallets tightly closed. 🎟️
I am clear: the price is rising but the genuine enthusiasm is not present. I have witnessed this pattern before and it almost always ends in tears. If we do not hold at $4,200, prepare to see blood. If we hold on, maybe, just maybe, we can long for $5,000.
And as I write this, I'm obsessively checking the chart. These days determine whether we eat caviar or instant noodles. I already have my sell orders ready, just in case. How about you?
The markets do not forgive those who sleep. Up or down, but decided already! 🍿