The second Ethereum pullback target was hit with the same precision as BTC — nailed it! ✅
🎯 Key Levels to Watch:
• Above: 3871 / 3941 / 4000
• Below: 3805 / 3754 / 3676
🔥 ETH Liquidation Heatmap:
• Above: 3935 / 3935 / 3972
• Below: 3820 / 3783 / 3668
#Ethereum remains firmly in an uptrend, forming a robust monthly bullish candle with 12 hours to go. Long green candles signal strong potential for a push higher next month, targeting $4,100–$4,600
However, stay sharp: there’s a high likelihood of a dip to the 0.236–0.5 Fibonacci retracement of the candle’s body next month. Don’t let a pullback shake your bullish conviction!
Are dips likely? Absolutely. The developing weekly candle is far from bullish and resembles a classic local top. $ETH retreat to $3,150–$3,500 in August is a realistic scenario.
Stay disciplined and keep your eyes on the prize! 🚀