📈 #ETH: continues to rise without a deep correction
Ethereum showed only a ~5% correction:
📍 Zone 3600 → tested 3500 → back up again
📊 In essence, a growth scenario is being realized with no chance of a “pullback.”
An upward channel has formed, and now:
🔹 Price is at 3800
🔹 The nearest target is 4000
🔹 Next — 4200, where stops are concentrated and a local maximum is possible
📉 Local correction is possible:
Within the channel, the support zone is 3300–2900
This is a normal movement within an upward trend (10–15% down)
🧯 On liquidations:
From below — the zone around 3000 is heavily filled
From above — there are few shorts, volumes are weak
→ There is no culmination of sales yet, pushing higher