Two days ago I shared my feelings that #Ethereum is very close to the top of this swing. It went higher after that, but today is back to the same price. So was it the top?

Week still has 4.5 days till close and a lot can happen these days. Last Week candle was extremely bullish as $ETH pumped by 37% (from dip to high). Usually such price action leads to two scenarios:

1) Price continues running higher without any sufficient dips (within same timeframe)

2) Price creates a rejection wick and start correction which transforms into consolidation and another attempt to grow. Correction can take several periods and consolidation as well.

So if #ETH is within first scenario, it has these 4.5 days to recover and close week as close as possible to ~3450 or above. If there will be a correction, this week may close anywhere under 3300.

Zone inevitable for revisit is around 2750-2820 - placing some bids there to wait for that moment.