As of today, Ethereum is following the main anticipated scenario and has consolidated in a narrow range of 1750-1850. Last week, a good foundation was laid for an attempt to break above 2000k; however, there hasn't been sufficient activity from bulls, and only fan tokens showed growth. There is a possibility of an attempt to break down to 1750 tonight or tomorrow. Against this backdrop, it is likely that new coins will be tagged for monitoring due to the start of the first working week of the month in China. This evening, I recommend offloading coins without a tag that are in progress until the announcement, or starting tomorrow, keeping short stops from 9 to 12 Moscow time. There remains a probability of upward impulses for undervalued coins bifi fio chess adx, but they are also likely candidates for tagging, so do not ignore working with stops.
Currently, the release of a large amount of negative statistics from the USA is typically compensated by a drop in oil prices and a chain reaction in the currency, stock markets, and subsequently in crypto. The bull run was interrupted over the weekend using the same method. If the price retests 61 - 61.5 - 62.5 for Brent and goes below the week's low, there is a probability of a selling impulse for Ethereum down to 1500 tomorrow or the day after. Today, Brent is rising within the retest of these levels, which reduces pressure on the cryptocurrency market and provides opportunities for breakouts on coins and a chance to consolidate above 1850-1900 for Ethereum. However, oil alone is no longer enough to compensate for the situation with the dollar; it is merely a restraining factor. Therefore, in the second half of the week, I expect a renewed increase in buyer activity and a new opportunity for a bull run. Additionally, in the second half of the week, I will consider the possibility of a new bull run for fan tokens with significant overhauls, but I will make predictions in the middle of the week after tagging new coins for monitoring and assessing the potential correction in the market.
