ETHUSDT. Reversal after attempting to break out of the flatEthereum / TetherUSBINANCE:ETHUSDTCoinRangerFundamentals: 1️⃣Macro and correlation with risk assets. Fear Index at 14 – extreme fear. BTC's correlation with the S&P 500 is 78% over the past week, and altcoins are moving in sync. Trump's tariffs are putting pressure on stocks (but less so), and the US/Iran escalation is generally not good for risk assets at all. 2️⃣Fed rates. Still unchanged. Overall negative for crypto. 3️⃣ETF flows: Inflows have reversed and are positive for the second week in a row. Positive for the price. 4️⃣On-chain metrics: accumulation amid fear. ETH reserves on exchanges fell to 16 million – a record low, down 30% from 23 million in 2023. Daily active addresses are up 112% y/y. Binance has seen a buy wall of $129 million (67,000 ETH) just below the spot price. Large holders are buying the coin amid retail fear. Historically, such situation (extreme fear + whale accumulation) has preceded reversals. A positive for ETH and crypto in general. 5️⃣Network upgrades. New Ethereum Foundation updates have been announced before. These ones include raising the gas limit above 100 million, parallel transaction execution, solving the validation trust issue, and more for 2026. However, all of this has had little impact on the price so far. Neutral for ETH. Conclusion: ETHUSDT is under short-term pressure due to geopolitics, extreme fear, and a high correlation with the stock market. But whale buying, rate stability, a reversal of ETF inflows, and low reserves on exchanges — all this is a counter-current. For now, the best option - Iran/US de-escalation, but it's not showing up. Therefore, on the chart, we see a flat, represented by a flag on h1. Technical Analysis: 1️⃣СCI - dropped below +100 and has almost crossed the 0 line. Potential entry opportunity using the Zero CCIstrategy - entry confirmation. 2️⃣RSI - returning from the extreme zone. It broke through the 70 level from top to bottom. Confirms the CCI movement. Potentially a good entry option till the extreme indicator level below. 3️⃣VPVR zones - high volume at 2058 and 1968 4️⃣Fibonacci levels - our targets today, more on that below. 5️⃣Moving Average Crossovers/Breakthroughs - Waiting for price breakouts of EMA20 at 2105. 6️⃣Larger Timeframe (h4) - 200 EMA hit and pullback at h4, flag at h4. Entry, Stop Loss, Take Profit: 🔸Entry: Sell. Breakout of 2105 🔸Stop: Preliminary 2200 - the peak of the movement 🔸Take Profit: TP 1 = 1953 (50% Fibonacci retracement), TP 2 = 1886 (76% Fibonacci retracement), TP 3 = 1800 (complete wave upside reset + expectation of continued flat) 🔸Risk/Reward: 3.2 for TP 3 🔸Execution: today-tomorrow Cancelation 🔸If the price moves to the first and second wave extensions (2167 and 2207) without confirmation of a breakout of 2105, the trade should be reconsidered.