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- Gate July 2025 Transparency Report:
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$ETH - Panic alleviated in 4 candles lol
- Everyone started to panic yesterday as price had a first leverage flush since $3400
- It’s a -7% move majorly retraced
Current situation:
- 4H Trend still intact, if this resistance at $4700 is flipped, ATH comes quick in my opinion
- On the flip side if we lose $4500 we'll trade towards the monday high which is a good bid imo as previous ranges tend to hold good in a bull trend like this
Waiting for either trigger. LTF trades only apart from holding long term spot
Do think that 3700-3800 comes fairly soon on ETH if we don’t break ATH and that will be where I reload all the spot I sold