Ethereum still couldn't break the 4K resistance level! 😅 However, it is showing signs of recovery in the 3K support area.
- Selling pressure from 4K pulled the price down. But don't worry, ETH is consolidating between 3.5K-4K.
- In technical analysis, 3K-3.2K Fibonacci levels provide support in the short term.
- In on-chain analysis, liquidations cooled the market after 4K. Could this be a sign of a new rise?
Share your thoughts in the comments! 🚀💬#Ethereum#Cryptocurrency