My Prediction was right 😉:
Yesterday, $ETH touched the high at $2569 before falling, hitting my profit target 🥳🥳 and offering a chance to short 📉 at a high point.
$ETH then dropped 8% from its peak. Those who shorted at $2550-$2570 saw quick gains 💵 early this morning 🌄. Now, ETH is at a key support level of $2380. Over the weekend, the price might recover a bit, but how much depends on market strength:
If the market would Strong:
It could bounce back to $2490-$2500.
If the market remains weak market:
Might struggle to rise above $2450.
If you buy or take the positions of long around $2400, watch 🧐 the market carefully. If things don’t feel right, exit quickly—don’t hold on too long.
If the price drops ⬇️ further, ETH might fall toward $2200.