I've been watching $ETH more than most alts today.
Not because I think ETH is guaranteed to pump.
Actually, the opposite.
ETH just went through a huge move, and now it's sitting around $2.45K while the market is getting nervous ahead of CPI.
What interests me is that ETH hasn't completely fallen apart yet.
For me, $2.35K–$2.36K is the line I don't want to see lost.
Hold that area and I think the bullish structure is still alive.
Lose it, and I'd stop trying to force the bullish story.
So I'm not buying just because ETH looks “cheap.”
I want to see how it reacts to CPI first.
That's the trade I'm watching.
$ETH
#BitcoinGoldenCrossConfirms #ETH
Not because I think ETH is guaranteed to pump.
Actually, the opposite.
ETH just went through a huge move, and now it's sitting around $2.45K while the market is getting nervous ahead of CPI.
What interests me is that ETH hasn't completely fallen apart yet.
For me, $2.35K–$2.36K is the line I don't want to see lost.
Hold that area and I think the bullish structure is still alive.
Lose it, and I'd stop trying to force the bullish story.
So I'm not buying just because ETH looks “cheap.”
I want to see how it reacts to CPI first.
That's the trade I'm watching.
$ETH
#BitcoinGoldenCrossConfirms #ETH
