ETH to $4K? šŸ¤” Don’t Get Your Hopes Up…

Ah, Ethereum. It’s bounced, you see. From around 3.2, a rather undignified scramble for liquidity, as if searching for a lost button under the sofa. One almost suspects exhaustion in its recent… declines. Almost.

They say, the experts, that perhaps, just perhaps, larger individuals-the sort who’ve seen a few cycles, you understand-are quietly gathering. Accumulating. Though one wonders if they aren’t merely rearranging deck chairs on a rather leaky vessel. 🚢

A Most Serious Examination

By Shayan, who really should be taking a nap.

The Daily View

The daily chart… well, it’s a chart. It shows that Ethereum deigned to rebound from that 3K-3.2K area – a low spot, technically and emotionally. The 200-day moving average was involved, naturally. It always is. Like a disapproving aunt at a family gathering.

There’s been a tiny breakout attempt. A flicker of hope, if you’re the optimistic sort. Now it’s hovering around 3.6-3.7K, as if hesitant to truly commit. Should it ascend-a big ā€˜if’, mind you-then, and only then, might we see 3.9-4.0K. 4.4K, they murmur. But heaven forbid it falters. Back to 3K it is, then. Such is life. šŸ¤·ā€ā™€ļø

Closer Inspection (If One Must)

The 4-hour chart reveals… more of the same, really. A ā€œbear trap,ā€ they call it. Deceptive! It briefly dipped, caused some mild distress, and then, naturally, bounced back. RSI is climbing, allegedly. Proving nothing, of course. Just… climbing.

It’s consolidating near 3.6-3.7K, waiting… for something. Until something happens, it’ll wobble between 3.4K and 3.7K. A rather dull existence, wouldn’t you agree? Honestly, one suspects it’s merely delaying the inevitable. 😓

The Mood of the Crowd (Or Those With Deep Pockets)

By Shayan (still awake, inexplicably)

The ā€˜Spot Average Order Size’… a rather grand name for tracking who’s buying what. Apparently, during the dip to 3.2K, ā€˜whales’-those benevolent giants-stirred. Usually, this precedes something or other. Or nothing at all. It’s always a gamble, you see.

The big fellows are buying, the small ones are wary. A classic tale. Like watching sheep and wolves in a rather expensive pasture. If it holds at 3-3.4K, perhaps there’s a chance of reaching 4.5-4.8K. But don’t book your yachts just yet. It’s all rather precarious, isn’t it? šŸ’ø

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2025-11-10 13:30