🚨 ETH battle report: Waterfall face wash, bulls collectively left “standing at attention”!

📉 Market snapshot:
A relentless plunge, down over 10% intraday! From the daily chart to the 15-minute chart, it’s all massive bearish candles—the bears are in full bulldozer mode. Price is now frantically testing around 1,728, with 1,713 below as the bulls’ last fig leaf.
🧭 What’s next:
· Short term: The drop has been brutal, with extreme oversold conditions that could trigger a “dead-cat bounce” at any moment. But remember: a rebound doesn’t mean a bottom—it could be a bull trap! Moving averages are looming overhead, so don’t rush to catch a falling knife.
· Big picture: The downtrend is rock-solid. Before clear signs of a reversal with rising volume appear, “buying the dip” is just “buying your way into ruin.” Keep a close eye on 1,713; if it breaks, price could head straight to 1,600.
🎤 Let’s hear it:
After this “flash crash,” are you counting profits on your short positions, or are you with the longs lining up on the rooftop to catch a breeze? 🍃
Pick a side in the comments:
Reply 1 🟢: It’s bottomed out—I’m buying the dip!
Reply 2 🔴: The trend is king—keep shorting!
(Let’s see which side is louder today 👇)