$ETH update.

ETH looked very strong. Even I'm bearisch on ETH I still believe that it will go up and touch the top of the channel which ETH is moving for many month.

For a better understanding, I attached another screenshot, the first time the top of the channel was touched in march 2024.

Looking at the indicators this is possible.

Moreover, I'm also convinced that ETH will pull back before starting a bull run. Probably this will happen when BTC dominance is going to decrease, actually it is 57.03%.

For now I see a resistence at 3800 and a good support at 3300.

Let's see where the market is going.

What is your personal opinion based on analysis?

This is not a financial advise this is my personal opinion. DYOR.

#etherreum #ETHšŸ”„šŸ”„šŸ”„šŸ”„ #bnb #Write2Earn!