Post

Don’t rush to bottom-fish. ETH’s drop from $2,600 back to $2,500 looks less like a retracement and more like a sucker punch. On Sept. 11, CPI came in largely as expected, yet ETH exploded 6.5% in an hour—from $2,437 to $2,667—reclaiming $2,600 after seven months. The move wiped out over $750M in crypto liquidations, including a massive $297M in ETH shorts. Shorts got crushed—but the reversal shows why chasing the spike can be dangerous. $ETH $BTC #FOMCRateCallThisWeek #AIAnxietyHitsChipStocks