March 2020 to Jan 2023 support trend-line confirmed recently with another bounce of higher lows. Highlighted on chart previous times we've had the support tested since March 2020, rally which followed was aggressive and substantial. 1) August 2020 to April 2021 - $4,054 gain per coin, 1012% increase. 2) June to August 2022 - $1,100 gain per coin, 120%...
It looks to me like Ethereum is going to dip back down and retest $1635 where the last solid base was. Definitely not looking bullish for a few days.
Since we didnt have the momentum to wick the weekly level (yellow) it means we havent lost the resistance at 210usdt. Very likely we are coming back down to 210 for another boost up