The market turned highly bullish on Ethereum (
ETH) as open interest (OI) surged to all-time highs (ATHs), indicating strong trader participation and expectations of further price appreciation. However, instead of continuing its upward momentum, Ethereum's price formed a swing failure pattern (SFP) at the highs. This means the price briefly moved above a key resistance level, luring in breakout traders, only to reverse sharply and trap those who went long. Such a move is often a liquidity grab, where large players push the price up to trigger stop-losses and liquidate positions before driving the market in the opposite direction.
ETH) as open interest (OI) surged to all-time highs (ATHs), indicating strong trader participation and expectations of further price appreciation. However, instead of continuing its upward momentum, Ethereum's price formed a swing failure pattern (SFP) at the highs. This means the price briefly moved above a key resistance level, luring in breakout traders, only to reverse sharply and trap those who went long. Such a move is often a liquidity grab, where large players push the price up to trigger stop-losses and liquidate positions before driving the market in the opposite direction.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.