📉 Ethereum chart review 📈

🎯 Key Levels to Watch:

‱ Above: 3958 / 4110 / 4631

‱ Below: 3676 / 3524 / 3336

đŸ”„ $ETH Liquidation Heatmap:

‱ Above: 3844 / 3884 / 3957

‱ Below: 3766 / 3750 / 3671

Ethereum has been the clear winner since last week’s breakout on the #ETHBTC chart.

Now it’s entering a bearish order block left from December’s failed swing. This same zone also marks the high timeframe range top, previously tested in March, May, and December 2024.

So, #Ethereum is approaching this level for the 4th time. Historically, that gives a high probability of a breakout, but given how much ETH has already rallied since the April dip, it may be too overbought for an immediate break.

Still, this area is crucial to watch. Even if ETH doesn’t break out now, it’s very likely to do so on the next attempt.

So, any strong correction dips remain good buying opportunities.

#ETHvsBTC