A month has passed since the publication of the previous global idea for ETH Then we recommended covering longs in the region of $3000-3300 The price twice tried to enter this zone, first it was $2910, then $2891, and then a strong drain again into the current liquidity zone.
Now it seems like another wave of growth in the ETHUSDT pair is being prepared, but there are several conditions, let's list them: 1) The price should consolidate above the liquid zone of $2,150, and then above $3,000 2) Only after the ETHUSD price confidently breaks through the $3550 mark will the path open for updating the maximum, possibly even up to $6400 for Ethereum. 3) If the price of ETHUSDT now begins to consolidate below $1700 or later below $3000, this will be a notification that buyers are weak, and it is better to leave the longs, because the price may fall into the lower liquid zone of $1100-1400 _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Hopefully, after the expiration in a couple of days, the bears will go to sleep for a while. How far does BTC dip past 32k will also tell a tale about ETH future.