Ethereum is gearing up for another major upgrade, expected to roll out by late December or early January, with the potential to break the $4,000 mark❗ #ETH🔥🔥🔥🔥
However, there are two possible scenarios to consider before that. Choose your strategy wisely. Which trend seems more likely to you?
1. Head and Shoulders Formation: Ethereum's strong recent performance might form a head-and-shoulders pattern, climbing to around $4,000 to attract buyers. Afterward, it could sharply drop, breaking the $3,200 support level and trapping retail investors at high prices. It may then decline to around $3,000 before initiating another rally.
2. Support Holds: If the $3,200 support remains intact, Ethereum could consolidate briefly and enter an upward channel. Retail investors might exit during the fluctuations, missing out on a rapid rise to a $5,000 high, leaving many sidelined.
Neither scenario appears particularly favorable for retail investors. Current sentiment from live market discussions shows that retail traders are anxious and lack confidence in Ethereum. If either scenario plays out, many could be shaken out of their positions.
❤️LIKE 🫂FOLLOW 🗳REQUOTE OR RESHARE
⌨️ COMMENT
🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
