Look closely at that wick on $ETH ‌ ... do you see what I see?

Ether is playing a dangerous game right now around the 2,006 level. We just saw a massive flush down to 1,989 earlier, and while it bounced, the recovery looked pretty shaky. It’s like the bulls are trying to push a boulder uphill.
We’ve got clear resistance sitting up at 2,147 where the sellers basically took over the room. Since then, it’s just been a series of lower highs. The order book is showing a massive 93% bid side though, which is wild. Usually, when the book is that lopsided, either a big move is coming or it's a giant trap.
If we can’t flip 2,050 back into support soon, I’m worried we’re going to revisit that 1,980 zone and actually test it properly this time. Volume is consistent but not exactly "breakout" material yet.
I’m sitting on my hands for another hour to see if this big wall is real or just spoofing.

#WalshSaysToCautiouslyShrinkBalanceSheet