#Ethereum dropped down to 2024 close at 3336 ✅ That was inevitable, although happened much faster, than I could have imagined.

#Ethereum was one of the most depressing and underperforming big caps of the last year. 2024 closed at 3336 and that will be a very important level both for the nearest time and more distant future. Return back to and under that level is highly possible in case crypto will form any buy tail for 2025. I described that situation on BTC example in yesterday's review. Shortly - buy tails form most of times, but its not 100% guaranteed rule.



In any case for the nearest dips we should watch $ETH at 3550-3570 and zone around 3465 which is last week VWAP and correlates with developing Daily 20sma. If manage to bounce from one of those maybe there will be no buy tail in 2025.