$ETH
{future}(ETHUSDT)
is sitting at an interesting level right now.
After rallying from around $1,900, Ethereum is consolidating near $2,450, with $2,423–$2,430 acting as an important support zone.
If ETH holds this area, I’d be watching $2,500–$2,525 next.
But a break below $2,423 could open the door toward $2,400 and possibly $2,370.
For me, $2,430 is the level to watch. If it holds, this could become the launchpad for the next move higher.
The key is whether buyers can eventually clea...
$BTC
My Current Market Thesis:
After the massive upside move that squeezed a large number of shorts, BTC is now forming a range.
On the downside, there’s plenty of liquidity to target, especially from late longs who entered during the pump.
However, before we see that downside move, I think there’s a strong possibility BTC sweeps the highs once again.
We’re already seeing shorts build up within this range, with many likely placing their SLs above the current high around $79.5K or near the ...