The market is a slaughterhouse right now, and both sides are getting REKT. It's the same old story: every bounce is a trap designed to lure in the hopeful before the next leg down. 🚨
ETH’s recent pump is nothing more than a corrective dead cat bounce within a brutal downtrend. The resistance above is a fortress, and the buyers have zero conviction. The ONLY strategy here is to sell the rip. The entry zone is 1680-1700, scaling into shorts. 🎯 First target is 1600 for a quick 50% position cut to lock profits, then let the rest ride for 1550. Risk management is non-negotiable: if price reclaims 1710, you EXIT unconditionally. That is the invalidation line—do not let a false breakout liquidate you.
BTC’s macro downtrend hasn’t changed an inch. Every recovery is a gift for the bears to sell into. If you're day trading, use micro positions for quick scalps—DO NOT chase with size. Meanwhile, AAVE is showing surprising relative strength with its own momentum, while ZEC and HYPE are completely silent, offering no edge. Opening longs in this environment is basically begging to be trapped. The market is punishing hope. Stay disciplined, stay short. 💀
#ETH #BTC #AAVE #ZEC #HYPE