💔 ETH hit the level and bounced—could it be a trap?
I checked the prices this morning and got a shock: Ethereum (-1.2% / 24h) just dipped below $2,400 before bouncing back up. I thought it was about to break down, but buyers stepped in and pushed it higher.
- The evidence suggests that the $2,400 zone still seems to be solid support.
- But looking at this price action, I’m still a little cautious.
- Is this just a rebound before the price retests its strength, or a signal of a new rally?
Honestly, ETH still needs to gain another 51% to reach its ATH, so there’s a long way to go. What do you think?
For informational purposes only—not investment advice. DYOR.
#BitcoinEthereumHitMultiMonthHighs $ETH $BNB $XRP
I checked the prices this morning and got a shock: Ethereum (-1.2% / 24h) just dipped below $2,400 before bouncing back up. I thought it was about to break down, but buyers stepped in and pushed it higher.
- The evidence suggests that the $2,400 zone still seems to be solid support.
- But looking at this price action, I’m still a little cautious.
- Is this just a rebound before the price retests its strength, or a signal of a new rally?
Honestly, ETH still needs to gain another 51% to reach its ATH, so there’s a long way to go. What do you think?
For informational purposes only—not investment advice. DYOR.
#BitcoinEthereumHitMultiMonthHighs $ETH $BNB $XRP