As long as Ethereum is above $3,587, it will continue its upward path until returning to $4,000.
The bullish scenario will be canceled when Ethereum returns below the $3,587 level and stabilizes below the VAL zone.
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The downward price scenario is being activated.✍ After stabilizing below the Bollinger Midline, the price enters the downward phase and can move to the middle line of the inside pitchfork.🧨
Agree, Ethereum staying above $3,587 is key to its upward momentum. Dropping below that and the VAL zone would definitely be a concern. Watching closely!