Ethereum Correction Still in Play : Patience is Crucial
#Binance #BEARISHđ #ETHđ„đ„đ„đ„ #BinanceTurns7
Ethereum continues its bearish correction, with around $50M in long positions liquidated within the past 24 hours. The correction appears far from over, and Ethereum may drop to $1500 or even lower, potentially reaching $1200 or $800.
It's too early to go long as the market hasn't shown clear signs of a bottom yet. Once the bottom is reached, we can expect a massive green rally across the board.
Conclusion :
Stay patient and avoid rushing into long positions. Wait for clearer signals, as the market has not fully stabilized. Patience will be rewarded when the bottom is confirmed.
