A JOURNEY TO THE CRYPTO WORLD
🚨 WARNING! 🔷 ETH IS SETTING A TRAP🔽
💎 Before we move on to the altcoins you selected,
let’s break down the most important altcoin and market locomotive — 🔹 Ethereum.
🕯 Ethereum is stuck in a range and has been trading within it for 41 days now.
Each time the price touched the trendline (highlighted on the chart), it bounced and made a new high. During this, long traders were feeling confident and barely getting liquidated ❌.
🖥 Amid today’s geopolitical tensions and the upcoming U.S. Fed meeting (🟠where the rate will likely remain unchanged), we might see a sharp move downward into the weekly FVG zone — which also aligns well with a Fibonacci retracement level.
📌 I’m looking at the $2150 and $1975 levels as potential entry zones 🟠
🔼 From this area, I expect — if not a full-on rally and altseason — at least a solid bounce. Either way, we’re aiming to profit.
⚠️ Stay cautious in the coming days and stick to your risk management plan!