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$ETH at a Key Decision Zone Don’t Get Trapped by the Bounce
$ETH is currently sitting at a technically important area after that big liquidation washout. Yes, the bounce looks nice on the surface but that alone doesn’t mean the trend has flipped bullish.
So far, the move up still feels corrective, not impulsive. There’s no strong shift in market structure yet, and nothing clearly suggests a solid bottom is in. This kind of price action often creates hope before the market shows its real direction.
Another red flag: $ETH is still underperforming
$BTC The ETH/BTC pair keeps sliding, which po