🕯 ETH’s Curious Pattern: Pre-ETF Panic or Market Manipulation?
⌛️ With the spot ETF decision approaching (July 8—14), ETH is performing an intricate market movement:
– False breakout from a wedge pattern
– Re-entry into the wedge
– Shifting cluster volumes
– Subtle upper liquidity collection
🔴 What’s next?
We’ve seen upper liquidity tapped and a wedge re-entry. A test of the trendline and lower liquidity sweep could be on the horizon. This might set the stage for a potential “to the moon” moment as the spot ETF decision drops.
📊 The market seems poised for action. Are we witnessing natural pre-event volatility, or is there a calculated strategy at play? The coming days could reveal much about ETH’s trajectory and the broader crypto market sentiment.
⬇️ What’s your take: natural market movements or clever manipulation? How might the ETF decision impact ETH’s price?
📌For more update and insights reach us on X 👉@markettracker00
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