[ETH Signal Practical] This wave of bottom reversal looks a bit like "wash first then pump"?


If BTC is the king of sideways trading, then ETH has recently become the "rollercoaster champion." 👀 In the chart, we can clearly see that my indicators have already signaled a top near the previous highs, followed by a precise downward spike, which washed out a lot of positions. Here's the key — 📍 After this downward spike retraced to the blue moving average band, a bottom signal appeared again, forming an engulfing bullish candle + bullish initiation marker. Doesn't it feel a bit familiar? That's right, it's just like the previous breakout initiation structure.

🔍The current ETH price has approached above 2600. In the short term, if it breaks through 2640 with volume, there will be a chance to challenge the strong resistance zone around 2700. However, it is important to note that 2570 is still a key short-term support. As long as it does not break, the long position can continue to be held.

📌The indicator I use is not a divine prediction, but "real trading validation": when to enter, when to observe, all depends on signals, not on feelings or random guesses.

💬What do you think about the rebound after this pullback? Have you been shaken out by this spike before seeing it take off? (Those who understand, understand)

There are more cryptocurrency trading charts + signal explanations on the homepage, ✅ leave a message to interact + follow to experience indicators, long-term updates! #BTC #ETH
ETH-0,07%
BTC-1,12%
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