ETH is plunging, but no one dares call it short? $ETH /USDT - SHORT Trading plan: Entry: 2484.86 – 2498.40 SL: 2556.61 TP1: 2442.89 TP2: 2410.40 TP3: 2361.66 Why pay attention to this setup? - The 4H SHORT signal has just triggered. Conf 55 is not particularly high, but the EMA structure has already weakened. - The 1D is range-bound, not trending, meaning this short is targeting a pullback, not a trend move. - RSI 15m = 47.7, not yet oversold, suggesting there is still room for the decline to continue. - Entering at 2491 now, TP1 at 2442 (-2%), TP2 at 2410 (-3.3%), and SL at 2556 (+2.6%) gives a risk/reward ratio close to 1:1.5, making it worth a try. - Why now? Because the 4H has just confirmed the breakdown; entering earlier means jumping in from the left side, while entering later means becoming exit liquidity. Discussion: Will this move hit TP2 first, or is it a bull trap?

Ethereum was drained again$ETH

A strong upward move took place intraday, directly breaking through the resistance above and setting a new period high. After the surge, it pulled back slightly to digest floating profits. The pullback was relatively limited, representing a normal consolidation during the uptrend. No major sell-off occurred during the retreat, and the overall bullish structure remained intact. This upward breakout is not a short-lived impulsive move; the retreat after the surge was more of a shakeout to eliminate holders with weak conviction. The overall trend remains bullish. Pullbacks are opportunities to buy the dip. After the short-term sideways consolidation is complete, there is still momentum to challenge the highs again. Many people panic and exit when they see a slight retracement, missing out on the subsequent main upward move. Do not let short-term intraday fluctuations disrupt your judgment. 8.25 Midday outlook Bitcoin: Go long after a pullback stabilizes around 80000, target 82000 Ethereum: Go long after a pullback stabilizes around 2490, target 3200