Everyone’s citing the same bearish headline — “ETH falls to a 13-month low… Zcash bug, Bitcoin under $60K… is $1.4K next?” Then the script flipped. 🟣
Ethereum ripped 3% to ~$1,700, and here’s the twist: the sellers’ worst hour actually ADDED $40 around 10 PM UTC — and that one push forced shorts to cover. With Fear & Greed at 8 (Extreme Fear), the market was primed for exactly this: a crowded exit where everyone positioned for a drop gets caught, shoving price higher still.
This wasn’t a calm recovery. It was a violent unwind of shorts — triggered by a single $40 move. The market bites back.
👉 More in the tank — or is this the top?
Comment “EARLY” if there’s more — or “TOP” if it’s done.
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