ETH's Potential Bearish Deception Could Trigger Historic Rally

I've been watching ETH charts obsessively lately, and I'm convinced what we're seeing might be the most elaborate market misdirection I've witnessed in years. Analyst Johnny Woo's recent take resonates deeply with my own suspicions - what appears bearish now could transform into a spectacular trap for shorters.

Looking at the technicals, ETH seems poised to form that classic 'head and shoulders' pattern this month. My gut tells me we'll likely see a dip to around $3,350 - painful but necessary. Trust me, I've been caught in these dips before, and they're gut-wrenching when you're overleveraged.

What's fascinating is how this mirrors 2021's pattern. Remember that nasty 30% plunge from $3,950 to $2,750? I stupidly sold near bottom then, only to watch it rocket to ATH weeks later. Not making that mistake again!

The market's way too fixated on short-term price action. These big players know exactly what they're doing - shaking out weak hands before the real move happens. October could bring the reversal that catches everyone off guard.

I'm particularly watching this setup because the current trading platforms are filled with overleveraged short positions. When liquidations start cascading, the price surge will be violent and quick.

Honestly, the whole crypto market feels manipulated. These patterns aren't natural - they're engineered to maximize pain for retail traders. Yet ironically, that's exactly why I'm positioning for an upside surprise rather than following the bearish crowd.

If this plays out as expected, November might deliver price levels that today's skeptics would find absolutely laughable. The bigger the trap appears, the more explosive the breakout typically becomes.

ETH always seems to move when everyone least expects it - that's the beauty and cruelty of this market.