Many traders are buying $ETH around $1,804, hoping it will move toward $2,000. But there are a few important things to keep in mind:
• If $1,804 breaks below support, the next key level to watch is around $1,720.
• The Federal Reserve has kept interest rates unchanged, but there’s still a chance of a rate hike in September.
• If Bitcoin can’t break above $70K, Ethereum may struggle to reach the $2,100–$2,200 range.
Having the right market outlook is important, but managing your risk is just as important.
#SaudiOilTankersRerouteAroundAfrica #eth #Ethereum
• If $1,804 breaks below support, the next key level to watch is around $1,720.
• The Federal Reserve has kept interest rates unchanged, but there’s still a chance of a rate hike in September.
• If Bitcoin can’t break above $70K, Ethereum may struggle to reach the $2,100–$2,200 range.
Having the right market outlook is important, but managing your risk is just as important.
#SaudiOilTankersRerouteAroundAfrica #eth #Ethereum