ETH: No more inverted movements, it's time for a rebound!
We all want to see prices rise in a parabolic manner, rather than this 'inverted parabola'. Currently, the ETH price is approaching a key support area, which not only has served as support multiple times in history but also aligns with the low point of 2019. Support dip: ETH just needs to 'dive' a bit more to reach the key support area.
Rebound expectations: Historical trends indicate that every time it has dipped into this area, ETH has experienced a strong rebound.
If history repeats itself, ETH may experience a fierce recovery this time. The question is, will the market play by the rules again? Feel free to discuss your views!
