Since the publication of , the price fell by 20%, to the first liquidity level of $480.
However, buyers did not want to give up so easily and bought the price back to the sales zone of $600-620 within a week. The launch of ETH 2.0 was also a positive news factor.
These inputs force the calculations and ETH targets to be corrected.
The critical level that buyers and sellers will most likely fight for now will be $535.
If buyers win, they will be able to drive the price up to the range $780-800 before the end of the year.
If sellers manage to lower the price below $535 and, ideally, fix below $480, then the Double Top reversal pattern will activate. The final target of such a figure is in the zone $320-335.