It's just my opinion, but I think it will fall, God forbid. Don't rely on my opinion; these are just assumptions.
Sintres
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📉 Ethereum - correction after a strong rally
ETH was recently approaching the psychological level of 5000 USD, but we are currently observing a correction around 4300-4400 USD. Such movements are a natural part of the market - after dynamic increases, investors take profits, and the market seeks a new balance. $ETH ,$XRP ,
🔎 Key questions: • Is the current decline just a healthy correction before another upward impulse? • Could this be the beginning of deeper profit-taking and a return to lower supports?
📊 It is worth observing: • transaction volume, • support levels around 4200-4250 USD, • sentiment around ETH ETFs and the situation with Bitcoin.
📈 My suggestion: If ETH holds above 4200 USD, a quick rebound and a re-test of the 4600-4700 USD level is possible. On the other hand, breaking below 4200 USD could open the way for a deeper correction even towards 4000 USD.
👉 How do you see it - $ETH correction before the next breakout, or the beginning of a larger downward trend?
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