A Look at Ethereum ๐ฏ | The Short-Term and Speculative
I previously stated that closing above the 2800 level is the essential condition for any stable rise and for getting out of the boredom phase, whether for Ethereum or other coins. As long as this doesn't happen, the possibility of visiting the 2250 areas remains very likely.
The price reached around 2800, which reignited enthusiasm among the majority and created a sense of optimism in the market... but without any closure above that number at all, and it didn't even touch it, the direction changed again and turned negative.
The situation is clear: deliberate distraction and political maneuvers in the short term โ and this makes stability on a single scenario very difficult during boring periods.
But letโs reaffirm:
In the medium term, the bigger goal is still there โ levels of 4k are still on the table, but before that, the market goes through correction phases, accumulation, and psychological tests for speculators.
๐ฏ Summary for the speculator:
Play in these areas with caution.
May God grant us good in what is to come ๐คฒ