Many were expecting a new all-time high, but so far, Ethereum has failed to deliver.
However, for speculators like me, this type of market movement presents an ideal trading opportunity.
Recently, ETH reached a key confluence support zone around the psychologically significant $2,000 level, reinforced by multiple technical factors. This setup suggests a strong potential for a reversal.
What’s Next? ✅ The $2,000 support zone remains critical, and I expect it to hold, leading to an upside move. ✅ While not aiming for extreme highs, I’m looking to buy dips near $2,200 with a target around $2,800.
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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.