I don't see anything too complicated about $ETH right now. The most important level for me is $2,700. If the market can hold onto some strength in the next few weeks, I'd like to see this level tested.
But here's a thing to keep in mind. Just because I see it heading towards $2,700 doesn't mean the price will go there straight away. The market doesn't always move that easily. There may be small pullbacks, and ETH may also move in a range for a while. For me, the main thing is to see how the price moves. If buyers can gradually regain control and ETH can hold higher levels, then $2,700 will be an important target for me. And if there is a downside move before that, I don't see it as a bad thing either. Sometimes the market brings liquidity down before it goes up. So a little weakness in the price in the middle doesn't necessarily change my whole view.
I would rather the market give me confirmation.
It will be more interesting to see how the price action plays out, especially when it gets closer to $2,700. Whether there is a rejection there, or buyers break the level and try to go higher—that part will become more important then.
My current view is very simple.
I want to see $ETH test $2,700 in the next few weeks.
It is not a guarantee, and the market will move on its own. So I am not in favor of blindly trading with just a target in mind. Waiting until the level comes, then seeing what the price does—this approach is more comfortable for me.
Now I just have to be patient and see how ETH develops.
$2,700 remains the level I’m watching.