July 11, 2026

Eth correction shorting after big bear trap

Eth correction shorting after big bear trap

Eth correction shorting after big bear trap

Eth correction shorting after big bear trap

Ethereum / TetherUS BINANCE:ETHUSDT
MrRainbow


Eth correction shorting after big bear trap

I think we’ve just finished wave 3 which was the big bear trap, and we’re now making a 4 which becomes invalidated > 2846
Hard to say where it tops, but there is volume concentration around the 2820 mark along with well formed resistance.
Expect to come back to at least retest the structure of the previous low.

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