⚠️⚠️⚠️⚠️ $ETH is coming out of a large-scale consolidation at the level of $2,692 — preparing for a strong movement!
We see three possible scenarios:
1️⃣ BULL CASE: Confident breakout with a target at $3,200 — against the backdrop of inflows into ETFs and a decrease in BTC dominance. A true altseason?
2️⃣ BASE CASE: Retest of the support level at $2,500 and continuation of growth into the range of $2,900–3,000. A healthy correction before a new impulse.
3️⃣ BEAR CASE: Rejection of current levels and return to the demand zone of $2,400. A phase of deep accumulation. Potential trigger — negative news regarding Trump.