$ETH $ETH broke the weekly downtrend but with volume this time.

If this continues then within a week Ethereum will be around the range of 1900-2000 and once this range is achieved then there might be a pause just to make a support point then move further.

Just understand one thing till Ethereum recovers the range of 3500-4000 it will move by taking checkpoints and creating support at that checkpoints.

Understand that those supports will not be that strong but they will be made in order to avoid any further dip. As the market is trying to reverse the trend it was following from the past few months, this is a very crucial time.

The market in any case should avoid any dip as the sentiments are changing slowly, capital is flowing in. If the fear strikes again then it will delay the bull run for a long time.

As there is no unwanted interference from the previous week the market is trying to recover the losses and once recovered the market will focus on new highs.

Let's see what happens. I will be monitoring the market regularly so I will be posting about every movement 😀