Good day everyone! 👋

Quick analysis on ETH today.

Ethereum is currently consolidating after a strong move. We can see a clear Long signal that was taken near the bottom around the circled area, which worked out well.

The chart shows multiple Short entries during the uptrend and a recent Long that caught the bounce.

Right now, price is hovering near $2,300 level (P1 marked on the chart).

My view: ETH has found support and is building a base. If it holds above the recent lows and breaks the small descending trendline, we could see a push higher.

Key level to watch: $2,300

What do you think — will Ethereum reclaim higher levels soon?

Drop your thoughts below 👇

#ETH #Ethereum #CryptoAnalysis