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💥$ETH Northbound? Southbound? Little sister will slowly explain to everyone!
Brothers, pay attention! 🔥 Ethereum just surged to 1673.59, but was immediately pushed down, bottoming out at 1641. Although it quickly recovered, it's now hovering around 1650. On the surface, it looks like a rebound, but the strength is very weak, with heavy selling pressure above. Multiple attempts to break through have failed to stabilize, and buying volume is clearly insufficient.
On-chain whale short positions continue to increase, ETF funds are also flowing out steadily, and overall market sentiment is leaning bearish.
Little sister thinks this kind of rebound is more like a trap to lure buyers, as the support is too weak. The main players might continue to test the support levels downward.
Little sister will keep an eye on the market in real-time, and as soon as new opportunities or key changes appear, she will notify the fans and brothers immediately!