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The familiar signal is coming again on the 4-hour chart. The last few times, catching it resulted in 500 to 1000 points swings. How much will it be this time?
Don't rush to act yet. The signal hasn't been confirmed, and entering now is just gambling. Holding cash and observing is the right approach.
The market might show some small positive signals — but have you thought about it? This is precisely the last window for big players to unload. Buying? That has dried up long ago. To reactivate the support levels, they need to push the price down by at least 2000 points first.
Everyone wants to buy the dip and get bargains, right? But first, the price needs to be hammered down to force retail investors to surrender their chips. That’s how this game has always been played.
ETH is currently in this situation. Wait for the signal, don’t be impulsive.