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$ETH - OBV actually looks relatively bullish here assuming we can close it like this (still time left in the day for it to change). It's flirting with the diagonal line and it's made some sort of V shape "bottom" for now. This aligns with price breaking out of the downward channel but still want to see if this is the first fakeout. Basically we had good momentum to bounce but are people going to show up to continue this or if we start dropping are people going to be in a rush to sell?

Published Nov 28, 2025Updated Nov 28, 20252 min read
$ETH - OBV actually looks relatively bullish here assuming we can close it like this (still time left in the day for it to change). It's flirting with the diagonal line and it's made some sort of V shape "bottom" for now. This aligns with price breaking out of the downward channel but still want to see if this is the first fakeout. Basically we had good momentum to bounce but are people going to show up to continue this or if we start dropping are people going to be in a rush to sell?
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