$ETHFI SHORT-TERM MARKET STRUCTURE SHOWS THIS SIGN
After facing a rejection at the high point of this year, ETHFI has decided to form a ranging pattern within the outlined price range shown in the chart. This implies that once the prevailing ranging market structure is resolved, there may be a chance for a breakout or a breakdown. Nonetheless, the prospects for a breakout seem to be more advantageous, considering that market sentiment continues to exhibit strong bullish tendencies, even if prices might undergo another corrective phase.
Stay wise, trade cautiously.
