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$ETH is standing at that point where the chart starts speaking louder than the crowd.
Retailers are still looking at this move like a clean recovery, but the inside picture feels different.
ETH tried to pull back and continue higher, but the move is losing energy now. Volume is getting weaker, profit booking is happening, and the candle structure is not giving me that strong breakout confidence.
This is usually where late buyers feel safe… and the market quietly prepares the opposite move.
I’m not saying #ETH is dead here, but I don’t trust this bounce blindly.
For me, this looks like a short opportunity from the upper zone.
Short $ETH now
TP1: $1,770
TP2: $1,756
SL: $1,815