Good morning friends. 🌞

As you know, the market pulled back significantly yesterday. Let's do a nice #Ethereum analysis to find answers to some of your questions about altcoins. Which levels are critical, let's examine them together. ⬇️

$ETH, which has not shown any deterioration in its structure, received a strong reaction from the 1-hour support zone during yesterday's drop and re-entered its minor resistance. If ETH maintains this bullish breakout in its internal structure, we expect the upward movement to continue. Especially, if it breaks above the 4700$ level and makes a daily close, it could pave the way for the price to overcome psychological resistances and attempt a new ATH. During this process, an increase in volume and the maintenance of support levels will also be critical.