#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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.