$ETH
This breakout looks much cleaner.
As long as price holds above $2.1K, it still counts as a valid breakout. Because of that, the focus should be on long positions, and any dip into the $2,150–$2,200 range looks like a good long opportunity in my view.
Above this level, there’s relatively little resistance until around $2,600.
Could this move be manipulation? It’s possible, but I’m not assuming that unless the price drops back below $2.1K.
If we lose $2.1K, the outlook turns strongly bearish, and I’d start looking for shorts targeting the low $1,800s again.
But as long as price stays above $2.1K–$2,150, the bias should gradually shift to the bullish side.
ETHUSDT
Perp
2,342
+7.32%