$ETH just approached the CME GAP on the 1D chart, but the price immediately reacted negatively and dropped below $2,500.
🤔In my opinion, ETH will still fill this GAP first, then drop to the $2,000 area and continue to accumulate here for many months. 👉 During this period, there will be times when the price fakes dump below the $1,800 area to shake off small investors and individuals using financial leverage.
Looking at the ETH/BTC chart, the exchange rate of Ethereum compared to Bitcoin has dropped to its lowest level in more than 3 years (since April 2021).
In case ETH/BTC returns to the previous cycle peak, and Bitcoin hits $100,000, it is not difficult for the price of $ETH to reach the $8,000 - $10,000 range.
👉$ETH breaking the peak is inevitable, but will you guys be able to hold on until then? 🙄🙄
