P_S_trade

ETHFI price clearly repeats the movement of BTC from rprevious

P_S_trade Updated   
OKX:ETHFIUSDT   ether.fi governance/Tether
During the 2nd half of April, ETHFI buyers or its MMs tried to keep the price above $3.20 - not allowing it to update the lows.

↪️ On the one hand, it looks like a sign of "strength"
↩️ On the other hand, don't be too surprised if the price of $ETH.FI drops sharply to $3.11 or even $2.88 (too many "tasty stops" are hidden below $3.20 and can be hunted).
You can even place pending limit orders to buy here and feel a little bit like MM :)

In general, the #ETHFIUSDT chart is very similar to the #BTCUSDT price movement during 2021, and we copied the blue fractal from this period for clarity.
That is, the bottom is somewhere close and there should be good growth ahead.

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So far, the ETHFI price has been moving clearly along the fractal

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