Ethereum ($ETH ) has recently hit new highs, but technical analysis suggests a potential pullback to the $2400–$2600 range. Historical data and Fair Value Gap (FVG) patterns add weight to this possibility.

Key Factors to Watch:

  1. Technical Indicators: RSI and MACD are signaling overbought conditions.

  2. FVG Gaps: Unfilled gaps on the daily chart point to a possible retracement.

  3. Historical Patterns: Similar moves in the past have often led to corrections.

Tips for Traders:

  • Set Stop-Losses: Protect your positions by using stop-loss orders.

  • Stay Informed: Keep an eye on market news that could impact sentiment.

  • Diversify: Spread your investments to reduce volatility risks.

This information is for educational purposes only and is not financial advice.

#Ethereum #ETH #MarketAnalysis #TechnicalAnalysis #Diversification