المنشور

🚨 Everyone's celebrating the "reopening" of the Strait of Hormuz... but what if it's not actually open? The market may be pricing in good news that hasn't happened yet. Here's what's being overlooked: • Iran says no final agreement has been reached. • Reports suggest Iran is still demanding greater control over the Strait. • Until there's an official deal, geopolitical risk remains very real. That means oil prices and inflation expectations could spike again with little warning. And that's not the kind of environment that usually favors high-beta assets like $ETH. From a technical standpoint: 📍 ETH is still trading around $1,860. 📍 The $1,920–1,950 zone remains heavy resistance. 📍 A sustained move above $2,000 is needed before the trend truly improves. Right now, every bounce looks more like a chance for shorts to reload than the start of a new rally. The derivatives data tells a similar story: • Around $95.6M in ETH positions were liquidated over the last 24 hours. • More than 80% of those liquidations were longs, showing leveraged bulls are still getting squeezed. Spot ETF flows aren't offering much support either. Recent sessions have seen inconsistent demand, with multiple net outflow days and only modest inflows. My view is simple: As long as ETH stays below $1,920–1,950, I remain bearish. But trading isn't about conviction—it's about risk management. Protect profits first. The market will always give you another opportunity. #ETH #Crypto #Bitcoin #Trading #Ethereum #Oil #Inflation #Markets #DailyOrbit