#MyWeekendTradingPlan $ETH Weekly Update Ethereum is trading around $2,600 after a clean rejection from the 1W 50 EMA. As mentioned earlier, this level was expected to act as strong resistance, and price reacted exactly as anticipated. I added more short exposure on the rejection, as this was not a reclaim attempt but a confirmed failure. On the weekly timeframe, there is no structure supporting a sustained recovery. The market continues to print lower highs and lower closes, keeping the higher timeframe trend firmly bearish. More importantly, price is now pressuring the 1W 99 EMA (red line). If this weekly candle closes below that level, it signals further downside continuation. If the 1W 99 EMA is lost on a weekly close, the next major downside objective becomes $2,200. Downside targets remain valid: First target: $2,200 Second target: $1,900–$2,000 Max pain zone: $1,600–$1,700 (prior demand and range low) Until ETH reclaims the 1W 50 EMA and builds acceptance above it for multiple weekly closes, every bounce should be treated as liquidity relief, not trend reversal. Momentum, structure, and moving averages continue to favor sellers. Bears remain in control on the higher timeframe. $ETH ‍#CryptoMarketPullback #MiddleEastTensionsEscalate #CryptoRegulationNewProgress

【$RUNE Signal】Empty position, waiting for downward momentum to exhaust $RUNE is experiencing increased volume decline, market logic suggests that combined with open interest, it is necessary to determine whether it is a short squeeze or main force distribution. Current price action indicates selling pressure dominates, with no clear signs of stabilization or absorption. 🎯 Direction: Empty position Waiting for the price to show clear buy absorption and volume contraction in key support areas (such as 0.45-0.46), then reassess the opportunity to go long. Currently, the risk of counter-trend buying is too high, market sentiment is biased towards panic, and it is necessary to wait for the exhaustion of the short-term momentum and structural rebuilding. Trade 👇 $RUNE --- Follow me: Get more real-time analysis and insights on the crypto market! ‍#Gate广场创作者新春激励 #我的周末交易计划 #GateLive直播挖矿公测开启 #加密市场回调 $BTC $ETH Trading

📉 Tom Lee, Linked Bitmine Sits on $6B in Unrealized Losses on $ETH ReserveBitmine is facing more than $6 billion in unrealized losses on its Ether reserves after the latest downturn in #crypto markets. #crypto