$ETH #BuyTheDipOrWaitNow? Here’s a technical analysis of the ETH/USDT chart you shared (15-minute timeframe, recent price action around ~$1,930):
Current Market Snapshot
Price: $1,930.55
24h change: -9.33% (very strong bearish daily candle)
24h range: $2,163.50 – $1,744.69
Current position: sitting near the daily low, after a violent liquidation cascade
Key Observations
Trend & Structure
Clear downtrend on 15m, 1h and 4h timeframes
Price is making lower highs and lower lows
The violent drop from ~$2,150 → $1,745 was a classic capitulation / flush move
Current price (~$1,930) is a relief boun