Bro, $ETH right now is like a series with unexpected twists! 😎 Let's break down the chart step by step. As of 04.06.2025, the price of $ETH is $2631.29 (according to CoinGecko). Here’s what I see:
What happened? ⚡
• The price recently surged to $2740, where shorts were liquidated. A classic short squeeze, stops burned, liquidity collected. I warned in tweets that this is an obvious zone! 😏
• Then there was a correction to ~$2600. But it didn't reach the 'long liquidity' zone ($2440). This means that long positions weren't affected, and many jumped into positions in the middle of the range ($2600–2700) due to FOMO. A typical trap for newbies. 😅 #FomoKiller
What's next? 🔍
• Bullish scenario: To grow, $ETH logically needs to first remove liquidity at $2440 (where long positions' stops are). This will provide fuel for a jump to $2800–$2900. The safest entry point is $2440, or even better $2360–2280, if the market plays hard.
• Bearish scenario: If this is a trap, we could fall to $2280 or even $2100 (panic zone). Then long positions will get liquidated, and whales will collect their stops.
• Other coins: $SUI ($1.92) and $EIGEN ($3.45) look risky but with potential. $SUI could jump to $2.5, $EIGEN to $4.5 if $ETH gives a bullish signal. But risk management is your bro, don't forget! 😎 #RiskControl
Why is that? 🧠 The market lives on liquidity. Before a big move (up or down), the price often 'cleans' stops: shorts at highs, longs at lows. It's like whales flexing their muscles before the race. 💪 Right now, many are stuck in 'late longs' at $2600+, and they could be thrown out before the real growth. My plan: waiting for $2440 or $2360 to enter. If it doesn't reach — I'll skip, better to drink coffee than catch a knife. ☕ #LiquidityRules
Forecast 🔮
• Short-term: Correction to $2440 (70% probability) or $2360–2280 (30%) before jumping to $2800–$2900 by mid-June. Entry point: $2440 (long), stop-loss $2380, take-profit $2850.
• Risks: Falling below $2280 could drop $ETH to $2100. $SUI and $EIGEN correlate with $ETH, so their growth depends on a bullish signal.
• Long-term: If $BTC.D (62.15%) drops to 55%, the alt season will push $ETH to $3500 by Q3 2025. $SUI to $3, $EIGEN to $5.
Conclusion 💡 Don't fall for FOMO, bro! Wait for the market to collect liquidity at $2440 or below. Safety is your stop-loss and a cool head. $ETH is gearing up for a jump, but whales will first throw out the 'late passengers.' Catch the moment, but don't chase the chart on emotions! 😎 #CryptoStrategy #Trading #Liquidity