#ETH #ETHUSDT #Square $ETH
๐ชMarket capitalization: 190.82 billion USD, still the second-largest cryptocurrency in the market.
๐งฎDaily volume: 9.92 billion USD, indicating there is plenty of liquidity; moves can be fast when volatility increases.
๐ธCirculating supply: 120.68 million ETH.
Volatility: 0.89, suggesting the market remains fairly active.
๐Current price: 1,576 USDT, practically sitting on top of the VIP signal buy zone (1,555โ1,525).
What does this mean?
From a fundamental standpoint, Ethereum is still a solid asset. However, the market can maintain a bearish trend for days or weeks even if the fundamentals are good.
โ โ โ โ ๐๐๐๐My plan if I were following that signal
๐ข 1,555โ1,525: zone to accumulate the position in parts.
โ ๏ธ 1,480: if the price closes strongly below this level, the signal loses validity.
๐ฏ If a bounce appears, the first targets would be 1,590, then 1,630, and finally 1,680, as indicated by the signal.
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
๐ฅ๐ฅRight now, ETH is very close to the decisive point. The next few hours will likely determine whether it bounces from the support zone or breaks support and looks for lower levels.
๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐ฆ๐ฅ๐ฆ๐ฆ๐ฅ๐ฅ๐ฆ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ
๐ชMarket capitalization: 190.82 billion USD, still the second-largest cryptocurrency in the market.
๐งฎDaily volume: 9.92 billion USD, indicating there is plenty of liquidity; moves can be fast when volatility increases.
๐ธCirculating supply: 120.68 million ETH.
Volatility: 0.89, suggesting the market remains fairly active.
๐Current price: 1,576 USDT, practically sitting on top of the VIP signal buy zone (1,555โ1,525).
What does this mean?
From a fundamental standpoint, Ethereum is still a solid asset. However, the market can maintain a bearish trend for days or weeks even if the fundamentals are good.
โ โ โ โ ๐๐๐๐My plan if I were following that signal
๐ข 1,555โ1,525: zone to accumulate the position in parts.
โ ๏ธ 1,480: if the price closes strongly below this level, the signal loses validity.
๐ฏ If a bounce appears, the first targets would be 1,590, then 1,630, and finally 1,680, as indicated by the signal.
๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐
๐ฅ๐ฅRight now, ETH is very close to the decisive point. The next few hours will likely determine whether it bounces from the support zone or breaks support and looks for lower levels.
๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐จ๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐๐ฆ๐ฅ๐ฆ๐ฆ๐ฅ๐ฅ๐ฆ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ๐ฆ