$ETH ‌ is acting very strange at these levels and most people are going to get caught on the wrong side of this move.

We finally pushed up to 2,363 but look at that rejection wick at 2,415 from yesterday. The price action is starting to look heavy. We’ve had a nice 7 percent run this week, but the order book is showing 60 percent sell pressure right now. There are a lot of people looking to exit.
The support at 2,300 needs to be held. If we slip under that, we are probably headed straight back to the 2,100 range to fill those gaps. Volume is okay at 555M, but it’s not exactly screaming "breakout" yet.
I’m not touching a long time here until we can actually flip 2,400 into a solid floor. Until then, this just looks like a relief rally that might run out of steam.
Stay sharp because the next candle is going to be the decider.
You guys holding for 2,500 or are you seeing the same weakness I am?

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