🚨 Ethereum Update
Last time, I told you I was shorting $ETH around $2,400, and the trade moved strongly in our favor. Since then, Ethereum has started building a different structure, so now I’m watching the next move instead of blindly staying bearish.
The key level for me now is $2,860.
If ETH reclaims $2,860 and holds above it, I’d consider the structure bullish again. From there, I’m looking for a move toward $3,200, then potentially $4,000+ if momentum continues.
But if ETH gets rejected...