$ETH Playing out how I thought it would - slow down in momentum with overlapping session profiles into a balanced / bracketed environment. Anticipating environmental context helps to figure out what strategy one trades, where why and how. Balanced conditions = range trading Traded the poor lows from Sunday - closed out most Acceptance below 36s takes us to 35s imo Or Acceptance above 3650s then Id expect a push back upto 38s. Cheers
XO
XO21.7.2025
$ETH 1 Month later ETH’s been a strong market to trade, very pleased with how I've traded this having shifted context into long only mode off the 2,100s. From a structural perspective, late longs are facing compressed R:R here, and between current levels and the 4,100 handle we may start to see price decelerate as value builds near the highs. While I remain bullish and continue to seek long-side opportunities, I wouldn’t rule out a corrective phase developing over the next few weeks, either from around current highs or just above where hopefully we see initiative price action drive price through the 4K level and into ATHs'. 4k ish is around the Yearly open level on the ETHBTC chart (give or take) Cheers
Half the replies are just bots nowadays... Sigh
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