$ETH is holding between the $2,680-$2,780 range. And this is what I'm eyeing off of the price action so far:
Scenario 1: ETH keeps doing what it's doing, rises to new highs, and initiates the next move to $3K+.
Scenario 2: ETH undergoes a more significant reversal back to the $2,500 area, which would be a retest to the prior breakout zone. If this area holds, I'll be watching for a near-term bounce.
Currently, 2500 is the key support level to hold, and a move above 2780 supports the bullish chart. DYOR, NFA #ETH #BTC Price Analysis# #Altcoin Season# #BNBChain# $BTC
Scenario 1: ETH keeps doing what it's doing, rises to new highs, and initiates the next move to $3K+.
Scenario 2: ETH undergoes a more significant reversal back to the $2,500 area, which would be a retest to the prior breakout zone. If this area holds, I'll be watching for a near-term bounce.
Currently, 2500 is the key support level to hold, and a move above 2780 supports the bullish chart. DYOR, NFA #ETH #BTC Price Analysis# #Altcoin Season# #BNBChain# $BTC
