Recently, those who shorted Ethereum have really suffered, facing a harsh lesson from the market.
However, from the weekly chart, there is a key level to watch closely—$2750. If the price cannot break through with significant volume, it is very likely to start a correction. Previously in this area, Ethereum has repeatedly bounced back, indicating that the support and resistance in this zone are crucial.
My strategy is: to buy on the dip during the correction, with spot orders set around $2300 to $2250, or even lower at $2000. Although there may be adjustments in the short term, the overall trend is still upward, and after the correction, it is likely to continue rising. The next target is $4000, and it might not take long to reach!
Are you stuck? When to buy the dip? As always, if you're confused and don’t know what to do, click on my profile picture and comment. I need fans, and you need references.
Intraday focus: MOODENG PNUT BTC ETH
