Is ETH following the bearish scenario I warned about?
From the $2,700–$2,800 range, ETH has corrected to around $2,450. Scenario 2 seems to be gradually playing out.
ETH has tried to recover, but BTC remains weak. Meanwhile, ETH has returned to test a familiar support zone.
📉 If support breaks, the next levels I’m watching are:
🎯 $2,300: the first downside target.
🎯 $2,000: a zone where a deeper shakeout could occur.
But what’s noteworthy is that I’m not bearish on ETH in the long term at all.
If a deeper drop happens, it could be an opportunity for me to turn extremely bullish and look for a better entry to accumulate.
Short term: Bearish.
Long term: Strongly bullish.
I don’t want to FOMO when prices rise, or panic when the market falls. What matters is waiting for confirmation and preparing for the next scenario.
Do you think ETH will really drop to $2,000 before a strong reversal, or will the bulls manage to defend the current support zone?
From the $2,700–$2,800 range, ETH has corrected to around $2,450. Scenario 2 seems to be gradually playing out.
ETH has tried to recover, but BTC remains weak. Meanwhile, ETH has returned to test a familiar support zone.
📉 If support breaks, the next levels I’m watching are:
🎯 $2,300: the first downside target.
🎯 $2,000: a zone where a deeper shakeout could occur.
But what’s noteworthy is that I’m not bearish on ETH in the long term at all.
If a deeper drop happens, it could be an opportunity for me to turn extremely bullish and look for a better entry to accumulate.
Short term: Bearish.
Long term: Strongly bullish.
I don’t want to FOMO when prices rise, or panic when the market falls. What matters is waiting for confirmation and preparing for the next scenario.
Do you think ETH will really drop to $2,000 before a strong reversal, or will the bulls manage to defend the current support zone?