$ETH ETH UPDATE:

👉ETH on the weekly chart has been trading around 2500 for 6 weeks, the longer it accumulates, the stronger the volatility.

There are two feasible scenarios on the chart:

1) The first scenario is negative (1/3 chance), this is the case where Bitcoin breaks the support level of 100k and drops to 95-93k. Therefore, Ethereum breaks the support level of 2350 and drops to 2100-2200.

2) The second scenario is positive (2/3 chance), Ethereum continues to move within the ascending channel and breaks out upwards when news/war/politics stop attacking the market. Breaking resistance around 2800 to advance to 3300-3600.

👉Overall, if possible, buying in the range of 2100-2250 is an attractive opportunity for those holding ETH long-term.