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Anyone else getting that "calm before the storm" vibe from $ETH right now?
We've been ranging between 1747 and 1968 for weeks, and the 1D chart shows we're basically stuck in no man's land. Right now at 1,930.22, we’re seeing some red candles stacking up, and that order book is looking pretty heavy on the sell side at 61%.
If we can't find some serious buying power to flip 1,970 into support, I wouldn't be surprised to see us drift back down toward the 1,800 zone to test the floor again. The 24h volume is decent at over 630M, but it feels like the bears are the ones doing the heavy lifting today.
I'm keeping my hands in my pockets for a bit. Catching a falling knife here feels risky until we see a clear bounce or a breakout.
#GateBlueLobster