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🐋 WHALE WATCH: $ETH just sliced straight through the $2000 support level.
On chain metrics show retail is rushing to buy the dip here but futures open interest is simultaneously hitting record highs. That means leveraged shorts are aggressively stepping in to fight the spot buyers.
Buying the first major psychological flush down usually works but the sheer volume of short positioning makes this highly volatile.
Are you front running the retail FOMO or waiting for a deeper flush toward the $1850 demand zone ?