$ETH pushed back above $2K… but this doesn’t feel like strength, just a reaction.

Shorts got wiped (~$38M), price bounced that’s normal.

But real buyers? Not really showing up with conviction.

What’s interesting: Whales are still leaning bearish.

Retail is doing the opposite chasing longs above $2K

That kind of split usually doesn’t end well.

Momentum still looks weak: MACD is negative
Downside moves are stronger than upside

So this bounce? Likely short-lived.

If nothing changes, losing $2K again isn’t off the table → $1.9K next.

Right now it feels like a relief rally, not a trend shift.

#GateGoldenTouch #CryptoMarketsRiseBroadly