This is the last warning update on ETH. If you’re also thinking that ETH is about to dump again or you’re confused whether it can go to $4K or not then listen carefully. Looking at the char after the parabolic move ETH has already taken a correction and the RSI which was fully overbought, has now cooled down significantly. Apart from that ETH has already liquidated most of the high-leverage long positions. Now ETH is in a position to pump again. If we get a daily closing around $3,850 then the next target zone for ETH will be $4,110. You can save this post for reference and don’t forget to share your own analysis in the comments. This is a short but important update, based on both chart and sentiment. Unless any sudden news or geopolitical event comes up the chart shows ETH is still very strong.

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