✅ETHEREUM 💰
➡️The main task from the previous post with the analysis was to consolidate above $1750 - we achieved that, technically, the next target zone is $2250-2350 (the zone of breaking the global downtrend), which will not be so easy to overcome...
⏺Metrics
1⃣We see that during the period from April 7 to April 11 (when we saw the dump), Ethereum coins quickly "left the exchanges". After that, the price rose to $1750 and entered sideways movement. In this sideways movement, even without the dump, the outflows are even greater than at the beginning of April (if coins leave the exchanges, they leave the order book and cannot be sold without returning to the exchange - the seller exits, which is favorable for continued growth)
2⃣According to the heat map (liquidations), there is a huge amount of liquidations above $1900-2000 (which means that most in this sideways movement expect a decline afterwards - this is also a factor of "attraction")
📈I consider it more likely to break upwards from this sideways movement. From the current range or through testing the imbalance below and removing liquidity at the lower boundary of the sideways movement, around - $1723-1657
➡️Record a voice message with thoughts on the economy, markets, tariffs, reports?