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【$ETHUSDT】Don't Be Fooled, Here's the Real Data
$ETHUSDT Price has broken through the lower Bollinger Band, 4-hour MACD shows a death cross with downward divergence, bearish momentum is still releasing. Normal intraday fluctuations with shrinking trading volume, obvious buying pressure gaps. Thick pending orders around 2069 below, but weak active buying intent, capital support intentions being continuously depleted. Under negative funding rate environment, price remains under pressure, this is a typical bearish-dominated pattern.
Direction: Hold Cash
Don't catch the falling knife, wait for stabilization. Current risk-reward ratio isn't worthwhile, patiently observe if price can form effective support in the 2050-2060 zone. If rebound is weak, then consider entering with the trend.
View Real-time Chart 👇 $ETHUSDT
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