First bearish, then up!
Updated
Currently, ETH appears to exhibit short-term bearish tendencies. Despite trading within the narrow range marked in green, it faced rejection at the 100-day SMA. Personally, I lean towards a retest of the 1,600 support level, followed by a potential surge towards 1,680.
Comment
Test happened as predicted and rebound followed, watch the top of the box for a potential breakout.
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