Ethereum's correction to the upside went further than I expected, pushed up by the merge event which is expected to happen in mid-September.
We have reached 50% pullback, but I'll only consider the correction over after 1750 support is broken.
Also note that a rising wedge is in in place (green lines), and we could still see a test of the falling gray trendline.
We have reached 50% pullback, but I'll only consider the correction over after 1750 support is broken.
Also note that a rising wedge is in in place (green lines), and we could still see a test of the falling gray trendline.
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