$ETH
Ether is also under market pressure
TF - 1d
Key resistance - 2110
Nearest support level - 1754
Psychological level - 1385
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After the impulse sell-off, Ether entered a phase of weak consolidation below the level of 2100, the buyer does not show a confident reaction although the discount on it is quite substantial, as when I started my journey two years ago the price was the same, but there was a quick buyback, and now the structure resembles a trap
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Also considering geopolitics and pressure on Ether, as the second largest asset by capitalization, it will be among the first to come under intensified waves of position fixing
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My assumptions while the price is below the level of 2110, the priority remains a waterfall, of course, I do not rule out a short squeeze with the aim of collecting liquidity but here as the old man says )
🎯 2110 - zone of possible liquidation
🎯 1754 - zone of the assumed first target
🎯 1546-1385 - zone of the second target
🛑 Cancellation of the scenario - consolidation of the level 2110 and above
Ether is also under market pressure
TF - 1d
Key resistance - 2110
Nearest support level - 1754
Psychological level - 1385
-
After the impulse sell-off, Ether entered a phase of weak consolidation below the level of 2100, the buyer does not show a confident reaction although the discount on it is quite substantial, as when I started my journey two years ago the price was the same, but there was a quick buyback, and now the structure resembles a trap
-
Also considering geopolitics and pressure on Ether, as the second largest asset by capitalization, it will be among the first to come under intensified waves of position fixing
-
My assumptions while the price is below the level of 2110, the priority remains a waterfall, of course, I do not rule out a short squeeze with the aim of collecting liquidity but here as the old man says )
🎯 2110 - zone of possible liquidation
🎯 1754 - zone of the assumed first target
🎯 1546-1385 - zone of the second target
🛑 Cancellation of the scenario - consolidation of the level 2110 and above