ETH update
ETH is still holding the $2,355–$2,391 support zone, an area that has acted as strong support multiple times on the daily chart.
We’re seeing weakness from both sides right now, so honestly, this is not the easiest area to predict. As long as ETH continues to hold this range, I think more sideways consolidation is possible.
The key level for me is $2,355. If we get a daily candle close below $2,355, that would change the structure and could open the door for a deeper decline.
Until then, I’m watching this support closely and waiting for confirmation. #BTC Price Analysis# #Altcoin Season# #BNBChain# $USDT $ETH
ETH is still holding the $2,355–$2,391 support zone, an area that has acted as strong support multiple times on the daily chart.
We’re seeing weakness from both sides right now, so honestly, this is not the easiest area to predict. As long as ETH continues to hold this range, I think more sideways consolidation is possible.
The key level for me is $2,355. If we get a daily candle close below $2,355, that would change the structure and could open the door for a deeper decline.
Until then, I’m watching this support closely and waiting for confirmation. #BTC Price Analysis# #Altcoin Season# #BNBChain# $USDT $ETH