$ETH almost got back to 2024 close 👌🏼 Daily 20sma now at

$ETH almost got back to 2024 close 👌🏼
Daily 20sma now at 3440 and most probably either that will be the first bounce zone or price will consolidate in between those levels before doing something even more crazy. 
In any case we will see #Ethereum bounce to ~3555 in future. High chances for dips to 3200 as well, maybe that happen first, maybe not. Possible 3000, but at this moment its out of TA visible range.

Wise Analyze

#Ethereum was one of the most depressing and underperforming big caps of the last year. 2024 closed at 3336 and that will be a very important level both for the nearest time and more distant future. Return back to and under that level is highly possible in case crypto will form any buy tail for 2025. I described that situation on BTC example in yesterday's review. Shortly - buy tails form most of times, but its not 100% guaranteed rule.

In any case for the nearest dips we should watch $ETH at 3550-3570 and zone around 3465 which is last week VWAP and correlates with developing Daily 20sma. If manage to bounce from one of those maybe there will be no buy tail in 2025.

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$ETH almost got back to 2024 close 👌🏼

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