๐ $ETH Analysis: Why the Bounce to $2,000 might be a Trap ๐ชค
Is the Ethereum bottom in? The charts say "No." ๐ โโ๏ธ
New analysis confirms that while we bounced off $1,800, the move is driven by short-term traders, not real investors.
The Danger Zone:
Technical indicators show "significant downside risk" remains. If we lose the current support, there is very little stopping a drop to $1,000.
Strategy:
Be careful longing here. ๐ก๏ธ
This looks like a classic "Dead Cat Bounce" before the real capitulation.
Are you holding $ETH or waiting for lower prices? ๐ฐ
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