Ethereum 1D
#ETH corrected similarly to #BTC after ETF approvals. It absorbed all the liquidity from the 2024 consolidation and is now attempting a climb.
We might see a price increase to liquidate shorts, but a retest of the 2288 zone is also possible.
In the event of a new low, DCA zones are crucial, and it's essential for the price not to open a daily candle below 1800.
For sell zones, we first need to see support at the 3200-3300 range; only then can we discuss a new ATH.
We might see a price increase to liquidate shorts, but a retest of the 2288 zone is also possible.
In the event of a new low, DCA zones are crucial, and it's essential for the price not to open a daily candle below 1800.
For sell zones, we first need to see support at the 3200-3300 range; only then can we discuss a new ATH.
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