Weekend Reflections on ETH

kuzuru (46)in #crypto • last month

Ethereum has dipped by 4% in the last day, currently hovering near $4,200.

We're noticing a slight cooldown in the market after a period of excessive long positions.
This minor correction should help balance things out.

The decline is occurring within a key support zone, which contains several robust accumulation points that could drive further upward momentum.
I advise against chasing this dip, as the resumption of an uptrend might happen sooner than anticipated.
Allow the pullback to unfold without overemphasizing its significance.

last month in #crypto by kuzuru (46)

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