$ETH Updated There is some more positive data:
👉 Spot liquidity: just like BTC is still below, there is nothing above yet.
👉 Future liquidity: there has been a liquidity zone added ranging from 2550-2650 and then it moved up to 2725. This is a positive sign for a strong rebound of ETH.
👉 The liquidation levels live that I mentioned have been activated at 2442 2466. Currently, the liquidation above is at 2515 2575.
🎁 Conclusion: ETH is currently better than yesterday. With this liquidity setup, if BTC stays flat without dropping further or better yet breaks 81000, then ETH could rebound to 2590-2725. Long positions can be taken at the liquidation levels or this liquidity zone. Shorts should wait to enter until it reaches this liquidity zone before looking for an entry.
🌹When there is more information, I will update everyone.
👉 Spot liquidity: just like BTC is still below, there is nothing above yet.
👉 Future liquidity: there has been a liquidity zone added ranging from 2550-2650 and then it moved up to 2725. This is a positive sign for a strong rebound of ETH.
👉 The liquidation levels live that I mentioned have been activated at 2442 2466. Currently, the liquidation above is at 2515 2575.
🎁 Conclusion: ETH is currently better than yesterday. With this liquidity setup, if BTC stays flat without dropping further or better yet breaks 81000, then ETH could rebound to 2590-2725. Long positions can be taken at the liquidation levels or this liquidity zone. Shorts should wait to enter until it reaches this liquidity zone before looking for an entry.
🌹When there is more information, I will update everyone.