# $ETH That bounce wasn't bullish. It was bait. 🎣
The market gave traders just enough hope before pulling the rug.
$ETH: The short zone was clear between 1690–1745. Price has already dropped back to around 1640—another clean 50-point move.
$BTC: 63,500 was the level to watch. It stalled around 63,200 and rolled over before the entry triggered. Did you manage to get in?
Right now, sentiment still leans bearish.
This wasn't the start of a new uptrend—it looked more like a liquidity grab designed to trap late longs and give smart money better short entries.
ETH continues to show relative weakness, while BTC needs to reclaim 63,500 fast. If it can't, the next leg down could come quickly.
The trend hasn't changed. Don't confuse a relief bounce with a reversal.
# $ETH