ETH facing resistance at $2,465, may hit $2,365 before $2,632. Retail crowd 70% long, momentum flat at highs.
Unusual Whales
Ethereum (ETH) is showing signs of exhaustion in textbook patterns as it reached $2,465. The momentum has halted at this peak, with the retail investors overwhelmingly holding long positions at 70%. An intraday rejection at the resistance level indicates that the opportunity for easy gains may be diminishing.