Ethereum market outlook ✨
• It is very important for bulls to keep the price above $3,350 (4h 200 Moving Average trendline).
• If bears manage to push the price down, the previous resistance levels will be a great price to accumulate coins as a long term investment ($2.7k-2.9k) 🛒
• Bulls need to push the price up 10% and consolidate there so we can try again to break above $4,000 where resistance remains strong.
• We can expect high volatility in the near term as the impact of ETF flows on the price remains unclear. So be careful when trading with high leverage ❗️
