ETHEREUM AGAIN AT $4,000
🔵 Four consecutive rebounds from resistance in the $4,000 zone — pure psychology of round numbers.
🔵 After each test — volatility increases, investors sell due to fear of a new dump.
🔵 In July, the ETF inflow of $ETH decreased by 15% — caution is returning.
🔵 If we hold above $3,100 and whale accumulation continues, the story of 2017-2018 may repeat — back then, a breakout of such a level gave x2 in a few months.
🔵 Right now — either accumulation before an upward breakout, or another dip down to $2,600-$2,800. We are monitoring strength at support levels. The market is on the verge of a big move.
🔥 — We are flying above $4,000
💔 — Correction