Update $ETH
• After breaking the last major support, the monthly level at $2,500, we dropped to fill the Feb 3 low & to tap lower support.
• We hit the range low with a weak bounce, only clearing the Feb 3 low—still need to take out two more lows, down to $2,050.
• If we see a takeout of those last two lows at $2,050 with a strong close back above them—grabbing that liquidity—we could see a nice reversal up. But if $2,000 breaks and we lose it as support, I’m eyeing the weekly level at $1,557.
A patience game right now on Ethereum, stay tuned.
