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Today, the ETH market shows me a key signal: the bullish crowding degree has reached 89%.
What does this number mean? Almost everyone who can be bullish is already bullish, and there’s little remaining ammunition.
This extreme crowding situation often signals the prelude to profit-taking and a mass exit.
Looking at the entire market, it’s the king of altcoins that’s weakening, while other altcoins are rising across the board. What does this imply?
ETH trading suggestion: buy at 1925-1944, with a 40-point stop, target 2034, and look for a breakout $ETH to 2045-2066.