Ethereum Is At A Decision Point: The Next Move Could Define The Trend For Weeks.
$ETH Is Rebounding From The Recent Low, But The Bigger Picture Hasn't Changed.
Price Is Now Approaching A Major Daily Bearish Order Block + Fair Value Gap Around $1,900â$2,000, A Zone Where Sellers Could Step Back In.
My View:
đč Bullish Above $2,150(Major HTF Breakout)
đč Bearish Below $2,050 Until Proven Otherwise
đč Lose $1,730, And A Retest Of $1,500 Becomes Increasingly Likely
This Looks Like A Relief Rally Into Higher-Timeframe Supply, Not A Confirmed Trend Reversal.
Do You Think ETH Breaks Through This Resistance, Or Gets Rejected Here?
$ETH Is Rebounding From The Recent Low, But The Bigger Picture Hasn't Changed.
Price Is Now Approaching A Major Daily Bearish Order Block + Fair Value Gap Around $1,900â$2,000, A Zone Where Sellers Could Step Back In.
My View:
đč Bullish Above $2,150(Major HTF Breakout)
đč Bearish Below $2,050 Until Proven Otherwise
đč Lose $1,730, And A Retest Of $1,500 Becomes Increasingly Likely
This Looks Like A Relief Rally Into Higher-Timeframe Supply, Not A Confirmed Trend Reversal.
Do You Think ETH Breaks Through This Resistance, Or Gets Rejected Here?