#ETh Effective Analysis - 1D
ETH recently retested and bounced back from a major demand zone.
On the 1-week chart, it also bounced from a major uptrend line.
On-chain data shows significant liquidations happened around the $3900-$4000 price level.
Considering these factors and the upcoming ETH ETF event, I believe ETH will rise to $4000.
All spot Ethereum ETF applicants filed updated S-1's
• Fidelity
• VanEck
• Franklin
• 21Shares
• Grayscale
• BlackRock
This Reason Show Indication of Heavy Bull rally In ETh
