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Happy_shanky
$ETH — Liquidation pressure still looks too light to call a true capitulation.
My September 29 thesis hasn’t changed: I still see room for further downside.
🔻 First support: $2,560
⚠️ Lose $2,560 → next area: $2,360
Since August 18, we haven’t seen much forced liquidation from 5–10x longs, suggesting the leverage flush may not be over yet.
I’m not trying to catch the bottom. I’d rather miss the first bounce than buy into a falling market.
Patience > catching the knife.
#DailyOrbit
