My view on Ethereum’s movement:
On the **4-hour chart**, we’re watching to see how high this rebound can go. If it can't break past 2800, Ethereum may stay at a low level, moving sideways before eventually rising again. For the daily trend, we’ll discuss that tomorrow, but right now, the daily structure still leans bearish. It’s too soon to say that a full “altcoin season” is starting, but we could see a short-term bounce for altcoins soon.
On the **15-minute chart**, Ethereum may correct early in the morning. Since the rebound on this timeframe has paused, we could see another rebound after the correction. The **1-hour chart** rebound seems to be over, with a short-term target between 2480 and 2500.
Keep in mind that the market changes quickly, so this analysis is for the short term only and should be used as a reference. Short-term traders should watch for the latest updates.#Write2Earn! #ETHETFsApproved #Write2Earn! #ETH🔥🔥🔥🔥 #Write2Earn!
