$ETH Update
The test/retest I was finally waiting for has arrived
I traded Ethereum through the 2,665$–2,700$ zone and even dipped slightly below it, but the most important point is that we still have not recorded a 4H timeframe close below 2,640$
So the setup is still in place
However, I can’t say the rebound is fully convincing yet
ETF fund flows are still positive, but they are slowing down, and Ethereum/BTC still doesn’t show real strength. The last rebound was helped largely by short liquidations
So if you took the retest, I think your position is still reasonable
I just won’t add here after
What I want in the next step:
Reclaim 2,700$ and hold it
Then ultimately
Acceptance/holding at 2,785$
A 4H close below 2,640$ will invalidate the setup
#BinanceSquareFamily #ETHETFsApproved #BitgetExchange #QNTRises39% #BinanceSquareTalks
The test/retest I was finally waiting for has arrived
I traded Ethereum through the 2,665$–2,700$ zone and even dipped slightly below it, but the most important point is that we still have not recorded a 4H timeframe close below 2,640$
So the setup is still in place
However, I can’t say the rebound is fully convincing yet
ETF fund flows are still positive, but they are slowing down, and Ethereum/BTC still doesn’t show real strength. The last rebound was helped largely by short liquidations
So if you took the retest, I think your position is still reasonable
I just won’t add here after
What I want in the next step:
Reclaim 2,700$ and hold it
Then ultimately
Acceptance/holding at 2,785$
A 4H close below 2,640$ will invalidate the setup
#BinanceSquareFamily #ETHETFsApproved #BitgetExchange #QNTRises39% #BinanceSquareTalks
