$ETH road back to $2K+
Everyone's watching the bounce. Question is whether this is a dead cat or actual reversal.
Key levels:
• $1850 needs to hold as support
• Break above $1950 with volume = continuation likely
• $2K psychological resistance will be brutal
Macro backdrop matters more than technicals rn. If BTC holds $60K and Fed stays dovish, $ETH has room to run.
But don't get cute - this could easily fade back to $1700s if risk-off returns. Size accordingly.
Everyone's watching the bounce. Question is whether this is a dead cat or actual reversal.
Key levels:
• $1850 needs to hold as support
• Break above $1950 with volume = continuation likely
• $2K psychological resistance will be brutal
Macro backdrop matters more than technicals rn. If BTC holds $60K and Fed stays dovish, $ETH has room to run.
But don't get cute - this could easily fade back to $1700s if risk-off returns. Size accordingly.