ETHUSD: 3000 - 3100 is the ceiling. Correction soon 📉

2月19日

Next Daily Market Sync

Ethereum catches the eye, moving more optimistically compared to Bitcoin.


Ethereum is traditionally more volatile compared to Bitcoin, so waves of growth and decline are common here.

3000 is a very significant psychological barrier, which will be impossible to overcome without fundamental reasons and a strong news trigger.

I am inclined to predict a correction for Ethereum.
The likelihood of a correction to 2600 in the next two weeks is higher than crossing 3100.

Indirectly, this is confirmed by the ETHBTC chart, where the price has approached the upper boundary of the 12-month downward channel.



I see no reasons for it to break through.

And what do you think?
Share your thoughts in comments, please 🙏