By $ETH 💬
The price dropped by 4% in the last 24 hours and is currently trading around $4,200.
We are observing a local cooling of the asset, as there was significant overheating of long positions.
This pullback should neutralize this issue.
I expect to see the pullback within the marked level, where we have several strong buy levels that can push the asset for continued growth. I do not recommend trying to catch the pullback, as the start of a new wave of growth may come much sooner than we expect. Therefore, a pullback is permissible, but we should not focus too much on it.