#ETH | Trade

It's been a while since we paid attention to Ethereum, so now is the right time to determine the further plan of action for the asset ✏️

➡️ At the moment, we are witnessing the first full correction after a long rally. This should be utilized, especially if the price reaches our main area of interest — $4150–4000.

However, considering the high market interest in #ETH, we cannot ignore local zones either, otherwise there is a great risk of missing an opportunity 🤚

#Write2Earrn #ETHTreasuryStrategy #BinanceHODLerC

Currently, #ETH is forming a correction in the form of an ABC structure, which could complicate to ABCDE upon reaction from the bearish imbalance at $4500–4600. Therefore, we will keep both scenarios in play.

I will enter carefully and wisely, distributing the volume in a ratio of 20/50 across the areas of interest to avoid excessive losses and improve entry in case the price moves to the main area of interest ✅

Entry: $4300-4350 (20% volume) and $4000-4150 (50% volume)

Targets: $4500 | $5100 | $6000

Stop: below $3900

🎞Ethereum remains one of the main magnets for institutional capital. Financial flows into #ETH from funds do not stop, and as long as they continue to pour into the asset, the rally will only strengthen.