⚪️ $ETH

ETHUSDT

Perp

3,124.06

-0.31%

The market continued its movement according to our downward scenario and has already tested the upper boundary of the four-hour imbalance at $3,000, from where we are currently observing a local response from buyers.

I assume that ETH may go a little higher again — to the area of $3,100, — after which it will resume its decline towards the middle of the imbalance at $2,900. The lower boundary of the imbalance is at $2,830, where it makes sense to carefully monitor the buyer's reaction and the structure on lower time frames.