ETHUSDT Perpetual Contract

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Possible wyckoff distribution in ETH chart?

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There is potential signs of wyckoff distribution in the ETH chart. For this scenario to play out we don't want to see any large move to the upside from here. That would invalidate this scenario.

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This aligns with the scenario outlined here:
youtu.be/WQtaBg-LMtI

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This seems to be doing going according to the plan. Hopefully you made some money :).

I also shared my longer term perspective for ETH here:

ETH - Bigtime Wyckoff Distribution?

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Updated the idea here. Moment of truth soon, if this really was distribution or not:

ETH - Wyckoff Distribution completed ? Big move down ?

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