🔴The picture for most altcoins will be similar to Ethereum.
🔵At the moment, we have a range in the range of 3100-3570.
🔴The fair price area is also - $3320.
🔵In the near future, the main focus and trading will be concentrated in this range (3100-3570).
🔴This is done to create liquidity.
🔵In addition to this, 2900-3100 is a strong support zone, so we might see a squeeze into this range without a solid breakout (quick buyback and wick).
I showed two expected scenarios and both of them involve a sharp drop. This is exactly the manipulation I mentioned earlier. Only after this will I start considering the medium term.
