🟡 $ETH - Price Update & Scenarios:
We’re currently in a very neutral zone on ETH, consolidating inside the yellow H4 box.
Key levels to watch :
Upper resistance: $2,720 - $2,840
Lower support: $2,390 - $2,380
Current indecision matches my $BTC view, a big move is likely coming on breakout!
Scenarios to watch:
🟩 Bullish:
Consolidation above $2,630 + breakout above $2,800
Target: $3,400+ 📈
🟥 Bearish:
Daily candle close below $2,400
Target: retest of $2,180 - $2,200 zone 📉
My bias:
75% bearish / 25% bullish at this stage
#ETH price has now stayed below the key weekly level for 5 consecutive weeks and hasn’t retested deep supports yet.
Ichimoku signals this move was heavily overbought; hype is fading out. A liquidity grab lower ($2,180 or even $2,000 zone) would make sense before any real bull run resumes.
⚠️ Stay alert - breakout or breakdown will define the next trend!
Monitor levels in my charts. (key S/R).
