Volatility Alert: ๐ ETH volatility has been drying up fast, and history shows that when Ethereum gets this compressed, a massive move is right around the corner.
Key Levels: ๐
- Support Zone: ๐จ The $4.2K-$4.3K zone has been defended like a fortress, but support levels rarely hold forever.
- Potential Dip: ๐ฎ A dip into the $3,900s could be an attractive entry point for a swing long.
Trading Strategy: ๐ก
- Patience Pays: โฐ Patience will pay more than FOMO in this situation. Wait for a clear signal or a reset dip before entering a long position.
- Breakout Needed: ๐ Unless $ETH shows real strength above $4.5K, it's best to avoid longing in the current chop.
Market Sentiment: ๐ The next Ethereum move will be violent. Either we get the reset dip or the breakout. Stay alert and adapt to the market conditions.
Current Price: ๐ธ $ETH is trading at $4,288.2 with a -0.38% decrease. What's your take on Ethereum's current situation?
#BinanceSqurae #crypto #ETH๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ $ETH
