Ethereum is still bouncing around in this dump between 2400-2800! This morning a bearish candle pierced to 2557 and then reversed to 2642. Listen carefully: don’t get greedy and try to go long now! The weekend sideways trend grinder is about to start, so keep a close eye on the range of 2520-2570!
Looking at the long term, it’s very hard for it to drop below around 2000; once this pile of muck at the 4-hour level finishes adjusting, Ethereum will have a chance to soar and hit 3000! If it breaks through 3000, the next target will be directly at 3200-3500! Anyone still bearish down to 2000 needs to keep their hands to themselves; if you mess around, be ready to lose your pants! $ETH