Ethereum: Is This It? 📉

This analyst, Melikatrader – lovely name, very chic – reckons there’s a ‘structure of recovery’ happening. Which basically means it dipped down to $3,700 to see if anyone cared (a ‘liquidity sweep’, apparently – so polite), and now might bob back up. It’s consolidating between $3,700 and $3,800, because even crypto needs a little thinking time. If the ‘bulls’, whatever they are, can hold things together, it could go to $4,080 – $4,180. But – and this is a big ‘but’ – it’s still looking a bit grumpy. If it hits $4,100 and gets a firm ‘no’ from the bears, it’s back down the rabbit hole.



