Long

Targets for Ethereum: 10k-20k Based on Coinbase Orders and Fibo

Updated

For Ethereum, I believe the approximate targets could be 10k-20k based on Coinbase orders and the 1.618 Fibonacci level. I think greater growth might come from Ethereum's L2 solutions, specifically Arbitrum, Optimism, and zkSync.

Trade active

Note

During Donald Trump's speech at the Bitcoin Conference 2024, the prices of all cryptocurrencies were driven down exactly to the zones of high leverage liquidations.

Now, I think it's time for Ethereum to grow more actively.

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I closed speculative positions on futures, as there is a chance of a crash and stop-loss hunting. For example, Ethereum could drop to $3,000...

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I continue to hold my short position on Ethereum with the same targets of around $3,000. Once we reach these levels, I will form a 100% spot portfolio for buying altcoins.

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Hello everyone! If you've been holding a short position on Ethereum, I think it's a good time to close it and try buying Ape and Aevo with a tight stop loss (they have started to perform well against Bitcoin). Ethereum's price might move up to $3,400.

UnknownUnicorn285026

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