Today, 1/11/2025, I will analyze the evaluation of the chart of $ETH and my personal opinion about ETH and my plans for ETH if it goes as I evaluate.
A. Personal evaluation of the chart $ETH
- Monthly chart: #ETH clearly shows it is going sideways within a fairly wide range of about $950 - $4700. It is not yet an uptrend in a large wave structure. It is easy to see that with this structure, to break the previous peak of 2021, ETH needs to accumulate and test the lower range. Here, I identify a demand zone according to Supply-Demand around $3000 - $2000. The monthly histogram momentum indicator also shows a need for a corrective wave.