Ethereum is about to welcome a rebound
Cherish EHT below 3000
With the US stock market closed over the weekend and Monday being a holiday, the market will be relatively quiet for three days.
If Bitcoin consolidates sideways during these three days, Ethereum is likely to have a rebound opportunity.
From a technical analysis perspective, Ethereum previously formed a short-term high at $2738 and entered a week-long consolidation.
Subsequently, the price effectively broke through the downward trend line. Although the rebound to $2734 did not create a new high, it formed a double top pattern.
Ethereum has stood up; how far can altcoins fly?✈️
Ethereum strategy sharing:
You can challenge the long position around 2535-2550, with a stop loss.
A smaller stop loss space, aiming for greater profit opportunities.
The first target price can be seen around 2750, seizing this potential rebound market.
Altcoin recommendations: PEPE WIF OG DOGE
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