This is what we should expect from Ethereum.

If we lose the yellow line which is the long-term weekly support, a strong correction is coming down to 1120, which is nothing more than the width of the channel. Conversely, if we break upwards the first descending channel in blue, the first target is 4300; if we break that, it's 6k, and if by some miracle we break upwards the ascending channel in yellow, which I don't believe will happen, we're going to 15k. In my opinion, we will be lucky to reach 6k by mid-year. Currently, we are at the most important support of all, which has been holding since June 2022; if we lose 2500, a crash is coming. Let's hope not. Regards

$ETH