According to MasterAnanda’s TradingView chart, $ETH has surged ~245% since its April 7, 2025 low, with the rally lasting about 126 days. That’s impressive—but it also means the market is ripe for a correction.
🔑 Key Levels to Watch:
0.236 Fib ($3,900): Weak support. No real consolidation happened here, so it’s unlikely to hold.
0.382 Fib ($3,485): Stronger support. $ETH consolidated here before the last breakout, making it the more reliable cushion.
📉 The Read:
A correction looks imminent, but probably short and mild—not a prolonged pullback. If $3,485 holds, expect a quick rebound.
📈 The Bounce Potential:
Should support absorb the sell-off, ETH could recover fast—possibly eyeing $3,800–$4,000+ again.
⚡ Your move, traders. Stay sharp.