⚪️ ETHUSDT

Daily Market Review

#ETHreached $3500 😡

The level is strong and reversal, frankly speaking, we reached it much faster than my expectations, but this does not change the essence, it turned out great 😎 Here the fibe was hooked and the liquidity behind each high was collected with stops and liquidations (marked with strokes). As always, you can note strong levels for yourself on the chart 💎

In general, the strength of ether has long been predicted, and in almost every detailed analysis since November it has been noted that it could fly to the upper border of the blue channel (which has already worked perfectly). By the way, speaking about the channel, of course it is now interesting to look at the price returning to its center, but the fact that we can do a short squeeze for $3600 before this cannot be ruled out either 😇

Personally, I’m still on the fence here, my local maximums have been reached, there are some spot poses, but this is for native moon. For now, it’s interesting to watch what’s happening from the outside and analyze it 😉

Never rush and think with a cool head, this will help you save your deposit 🥶