🔥 ETH Update (Current Market View) 🔥
Ethereum is sitting around $2,400 and this level is doing all the work right now. Sellers have pushed hard but Ethereum is clearly slowing down near this zone. You can see the uncertainty on the chart. People are not selling much in a panic and buyers are starting to look at Ethereum again. Ethereum is, at a point where things are changing.
Long as the price of something stays between $2,380 and $2,400 it is still possible that the price will bounce back up a little bit. This does not mean that the price will keep going up but it is a point where the price often stops and rests before it makes its next move. The price of something is still, in a zone where it can react and change direction.
⚠️ If the price of $2,300 breaks cleanly the situation, with the price of $2,300 changes and the risk of the price of $2,300 going down opens up fast. Until that happens, buying or selling the price of $2,300 is a game of being patient and managing the risk of the price of $2,300.$ETH
No hype, no fear — just levels and discipline 📊