Key Level for ETH 🔴
Ethereum has been this oversold only three times in its entire history, and each time, it was followed by a rapid trend reversal.
This is one of the key factors indicating favorable levels for accumulating the asset.
However, keep in mind that this applies only to spot positions. You shouldn’t try to catch the upcoming growth with longs, as there could easily be a final liquidity grab to the downside (which is what we’re expecting) or an extended period of sideways consolidation, both of which could liquidate your longs.
So, make the right conclusions.
🔥 TGM Crypto69box
