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Published 28 Aug 2026, 18:30 UTC · fetched 6 Nov 2026, 14:17 UTC
Kayne (formerly Penguin)
@ThePenguinXBT
Quoting · 26 Aug 2026, 09:00 UTC · context given to the AI
$ETH 🧪 Honestly a pretty neutral bias currently for me personally. Think right now it’s very balanced for up or down so been working locally here. I do think for Bitcoin and ETH we should get a pullback of sorts from here, so yes here is a good place to short in my opinion. However I’m watching for exactly how price comes down here to decide a higher timeframe bias. Altcoins have dropped more than ETH and BTC here and it’s quite varied for a few. So for me currently locally bearish on ETH and Bitcoin, with shorts being a very viable option. Then areas for longs for ETH that’s 2290 and 2040 region.$ETH getting the local pullback we expected here. 🧪 Given price took the high in a corrective manner, I’m leaning towards this being a flat. That removes the second long box and makes the first one my primary AOI. Looking for longs inside that box - or potentially a touch higher, depending on the reaction.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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