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ETHEREUM PRICE PLUMMETS! Is Global Chaos to Blame?
Hold onto your wallets, crypto fanatics! Ethereum’s price is hitting the brakes as world tensions soar! The big question looms: Will this digital darling maintain its bullish momentum, or are we in for a wild ride?
MASSIVE $500 MILLION INFLOW: BUT WAIT…
Despite the chaos, Ethereum’s ETF is sizzling! Last week, a whopping $500 million flowed into US spot ETFs. Thatโs huge, folks! But donโt pop the champagne yet; we might have to wait for the price to catch up to this explosive demand.
UNREAL CHARTS SHOW ETHEREUM IN CRISIS!
Some analysts are losing their minds over the weekly charts! Ethereum skyrocketed 100% in just TWO MONTHSโthen came the dreaded crab walk! Market structure is ALL OVER THE PLACE.
Whatโs the scoop? Last weekโs high is still in the rearview mirror! Hereโs the kicker: we’re stuck below MA50 and MA100 while barely hanging above MA200. And guess what? Weโve got FIVE doji candles shouting uncertainty! What does this all mean for your investments?
TECHNICAL ANALYSIS: CAN IT SAVE US?
Diving into the daily drama, the daily charts scream volatility. Prices are dancing above and below MA200, only to face rejectionโoh, the agony! And guess what? Those RSI numbers are hinting at bearish tricks up their sleeves. Can you feel the tension?
Weโve got a juicy daily FVG that aligns perfectly with MA100. Is the price destined to fill the weekly FVG? The stakes couldnโt be higher!
URGENT 4-HOUR UPDATE: SIGNS OF WEAKNESS!
Peering into the short-term 4H timeframe, it looks like Ethereum is about to hit a rough patch. The bulls are struggling to hold ground, and we need to see how deep this retrace will dive. My gut tells me weโre headed for the Daily FVG zone!
KEY TAKEAWAYS: DONโT IGNORE THIS!
- Market structure is still showing signs of bullishnessโbut donโt get too comfy!
- Hidden bearish divergence waves are crashing on the 1D timeframe.
- Price is trapped by the relentless grip of MA200โwatch out!
- For an alt-season revival, we NEED to break above MA200!
Stay alert, crypto lovers! The future of Ethereum hangs in the balance as the world spins out of control. Donโt risk it all without keeping an eye on the numbers!
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