We’re back with an Ethereum (ETH) breakdown and update following the significant moves we’ve seen in the past weeks. The market is at a critical point, testing key levels that could dictate ETH’s next big move.
📊 Key Highlights: • Inverted Head and Shoulders: ETH formed a textbook setup on the weekly timeframe, triggering our alert at $2,935. • Liquidity Sweeps: Multiple higher lows were swept at $3,600, $3,300, and $3,060, signaling a battle between buyers and sellers. • Spot Position Adjustments: I offloaded positions at the $2,935 level, capitalizing on the momentum while monitoring for the next opportunity.
📉 Bearish Pressure: • High volume on the H4 suggests sellers are in control for now. Buyers need to reclaim key levels for ETH to regain momentum. • While a dip to $2,300 seems unlikely, it remains a possibility in the rangy crypto market.
📈 Bullish Outlook: • If ETH holds key support and buyers step in, I see potential for a massive rally targeting $6,000–$7,000 during the next bull run (not financial advice, just my personal outlook).
Are you ready to navigate this critical moment for ETH? Or will you sit on the sidelines as history unfolds?
👉 Watch the full breakdown and stay ahead of the market with precise analysis. Don’t miss out—this could be the setup you’ve been waiting for!
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.