$ETH Has been seeing less and less volatility and is now getting very compressed. This almost always leads to a larger move.
This ~$4.2K-$4.3K level has been getting protected for the past two weeks but generally these support levels with smaller bounces every time, eventually give in.
I do think that could be exactly what this needs to start fresh with a good reset again into the end of the year.
$3900s got my interest for a potential swing long if we get to that area. If we don't get it that's fine, but I'm not a fan of longing this either at this time.
Either want some low timeframe strength (above $4.5K) or a proper flush out to consider long entries again.
