Hey, guys.
This is an update on $ETH
The price reached $3700 and now there is a pullback and a test of support at $3500. Last week there was a large volume of netflow into etfs funds, totaling 460 million, all the emerging offer from Grayscale (due to high commissions) was gladly bought up by other funds.
On the liquidation map, the important zones to watch out for and which can be tested and in case of a breakdown to accelerate the movement are at the top of $3800 and at the bottom of $3460.
Technically on the chart I don't see the growth climax and after the technical correction I expect that the trend will continue, it is also indicated by the open interest, which continues to grow and it confirms the strength of the trend.
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Stay tuned.
