Ethereum fails to tag our S3 level at 2695 currently, and is fighting for momentum at the 2720 price point. It is significant to us as well as many others, and it is evident with how much we trade here and chop between this level. Realistically, a reclaim of 2720 from here would be the trigger to go long with the volume oscillator exhausted the way it is. But, with higher dominance and no sign of drawdown, it is difficult to expect the outperformance on Ethereum here.

I don't think the S3 level makes much sense anymore, given the indecision on 2720. A reclaim or loss from this price point would invalidate other points of interest next to it. I see this as the level to long from if you're bullish on Ethereum, which I don't think makes much sense for me on the intra-day. High dominance means I play Bitcoin as a priority major.

I would invalidate the 2695 idea today, as visiting here after fighting at the 2720 level would be considered bad for me. Either 2720 is reclaimed and triggers a long, or we sit out for the day.

Of course things can change quickly with this tight price point, so Pivot + 200EMA is always to be considered if by any chance this is re-visited in a short time.

Funding 0.004 and predicted 0.01.