Most people are still looking at the move up, but the real question is what comes next for $ETH ?
ETH started the week with strong momentum, but that strength is now slowly turning into a broader correction after a clear market structure breaks.
Since the move up was much stronger than usual, a deeper pullback looks natural, and that process is already underway.
For now, the main focus is the first weekend gap, which stands out as the key target.
If selling pressure continues, price could move even lower and test the liquidity zone around the secondary target.
#ETH
ETH started the week with strong momentum, but that strength is now slowly turning into a broader correction after a clear market structure breaks.
Since the move up was much stronger than usual, a deeper pullback looks natural, and that process is already underway.
For now, the main focus is the first weekend gap, which stands out as the key target.
If selling pressure continues, price could move even lower and test the liquidity zone around the secondary target.
#ETH