โ ๏ธ ETH at a Crossroads: Coming Explosion or Trap for the Impatient? ๐ฌ๐ฅ
Ethereum (ETH) is swaying today at $2,583 after a clear bounce from support at $2,500, with fluctuations between $2,536โ$2,672 during the day ๐๐
๐ฐ Good news?
โก๏ธ Massive institutional inflows of $583 million weekly
โก๏ธ Decrease in ETH inventory on exchanges = Strong buying from whales ๐
โก๏ธ The technical "Golden Cross" indicator suggests a strong upward potential ๐ฅ
๐ But beware!
The RSI indicator is approaching the overbought zone (68) = Correction potential ๐
๐ฏ Possible scenarios:
๐ผ Up by 70% towards $2,800โ$3,600
๐ฝ Down by 30% to $2,400โ$2,500 if support is broken
Tip of the day: Watch the Golden Cross and enter confidently if it holds its support! ๐